$4 is showing strong bullish momentum on the 1H chart, with price pushing sharply higher after breaking above the $0.0198 and $0.0234 levels. The move has been aggressive, so a short pullback would be healthy before the next leg higher.
The immediate support sits around $0.0273, while $0.0234 remains the stronger level below it. If price holds above these areas, the current bullish structure remains intact and buyers could continue defending dips.
A clean hold above $0.0281 would keep the upside setup active, with $0.0300 acting as the next psychological area to watch. A break through there could open the path toward the marked $0.0342 target.
If price pulls back into $0.0273 or even $0.0234 and reacts strongly, that could provide a better continuation setup. Losing $0.0234, however, would weaken the bullish structure and increase the risk of a deeper retracement.
#4 #crypto
The immediate support sits around $0.0273, while $0.0234 remains the stronger level below it. If price holds above these areas, the current bullish structure remains intact and buyers could continue defending dips.
A clean hold above $0.0281 would keep the upside setup active, with $0.0300 acting as the next psychological area to watch. A break through there could open the path toward the marked $0.0342 target.
If price pulls back into $0.0273 or even $0.0234 and reacts strongly, that could provide a better continuation setup. Losing $0.0234, however, would weaken the bullish structure and increase the risk of a deeper retracement.
#4 #crypto
