$HAEDAL is currently trading at $0.02476. On the 15-minute chart, price is approaching the $0.02496 area once again. However, I'm not convinced this upward move will hold.
What really interests me is the potential pullback ahead. If price fails to break above $0.02496, a move back toward $0.02448 and then $0.02422 remains a possibility.
The Stoch RSI is also around 93, pointing to short-term overbought conditions. Of course, this alone is not a signal for a reversal.
For now, I'm more interested in watching a potential correction than chasing the upward move. Sometimes the smartest move is not to get ahead of the market, but to let it reveal its next direction.
What really interests me is the potential pullback ahead. If price fails to break above $0.02496, a move back toward $0.02448 and then $0.02422 remains a possibility.
The Stoch RSI is also around 93, pointing to short-term overbought conditions. Of course, this alone is not a signal for a reversal.
For now, I'm more interested in watching a potential correction than chasing the upward move. Sometimes the smartest move is not to get ahead of the market, but to let it reveal its next direction.
