$COOKIE The pump volume is extremely hot as it builds a column rising more than 26% in a day, reaching a new high at 0.01424. Money flow is returning quite clearly, but sell pressure has also started to show up as price moves close to the peak.
The signals on the chart are still supporting the uptrend, while a fairly large sell volume dump appears right at 0.014244, indicating that the sellers have begun to block above. Price is currently consolidating around 0.0138 to absorb this supply.
Therefore, it’s more reasonable to time a Long entry rather than chase the price. You can wait for a retest of the support zone below, or wait for a closing candle above 0.01424 with strong buy volume to confirm the uptrend continues.
Long trade idea:
Entry: 0.0130–0.0132
TP: 0.0142–0.0155
SL: 0.0125
A liquidation/flush of orders is also the right time to time the entry!
$COOKIE
The signals on the chart are still supporting the uptrend, while a fairly large sell volume dump appears right at 0.014244, indicating that the sellers have begun to block above. Price is currently consolidating around 0.0138 to absorb this supply.
Therefore, it’s more reasonable to time a Long entry rather than chase the price. You can wait for a retest of the support zone below, or wait for a closing candle above 0.01424 with strong buy volume to confirm the uptrend continues.
Long trade idea:
Entry: 0.0130–0.0132
TP: 0.0142–0.0155
SL: 0.0125
A liquidation/flush of orders is also the right time to time the entry!
$COOKIE
