$APR is moving fast, but I would not chase this candle blindly.
Price is around $0.396 after a 100%+ move in 24 hours, with the 15m structure still clearly bullish. MA(7) is above MA(25), and both are well above MA(99), showing strong short term momentum.
But RSI(6) is near 80, so the market is already stretched.
The key level now is $0.4068. A clean breakout with volume could extend the move, while rejection there may bring a healthy pullback toward the $0.38 to $0.36 area.
For me, the better trade is patience. Let price confirm the next move instead of entering after a vertical pump.
Momentum is strong. Risk management matters even more. #LearnFromMistakes
Price is around $0.396 after a 100%+ move in 24 hours, with the 15m structure still clearly bullish. MA(7) is above MA(25), and both are well above MA(99), showing strong short term momentum.
But RSI(6) is near 80, so the market is already stretched.
The key level now is $0.4068. A clean breakout with volume could extend the move, while rejection there may bring a healthy pullback toward the $0.38 to $0.36 area.
For me, the better trade is patience. Let price confirm the next move instead of entering after a vertical pump.
Momentum is strong. Risk management matters even more. #LearnFromMistakes