$龙虾 Is just pulling back or is the rally starting to reverse? 👀
$龙虾 has been in a strong uptrend, surging from around $0.022 → $0.079.
After hitting the $0.0789 high, price started printing several consecutive red 4H candles and is now around $0.065.
So far, this looks more like a pullback than a confirmed reversal.
The key zone is $0.056–$0.057. If buyers defend this area and price starts reclaiming $0.069–$0.070, the bullish structure can remain intact.
But a clean 4H breakdown below $0.056 would be a warning that the structure is changing and a deeper reversal could follow.
For now: pullback, not confirmed reversal.
$龙虾 has been in a strong uptrend, surging from around $0.022 → $0.079.
After hitting the $0.0789 high, price started printing several consecutive red 4H candles and is now around $0.065.
So far, this looks more like a pullback than a confirmed reversal.
The key zone is $0.056–$0.057. If buyers defend this area and price starts reclaiming $0.069–$0.070, the bullish structure can remain intact.
But a clean 4H breakdown below $0.056 would be a warning that the structure is changing and a deeper reversal could follow.
For now: pullback, not confirmed reversal.
