$BTG This is the chart of *CARVUSDT Perpetual 4H* on Binance 🚀
*Current situation:*
- *Price*: 0.02866 +5.32%
- *4H candle*: A big green candle has formed just now, and you marked that same point with the red arrow
- *24H range*: 0.02649 - 0.02875
- *24H volume*: 34.7M CARV ~ 950K USDT
- *Funding*: 0.00500% is positive, meaning longs are paying more
*What the chart is saying:*
1. *Rebound*: From around 0.027 there’s been a strong bounce. Support had been forming here over the past 2–3 days
2. *Resistance*: Immediate resistance is around 0.0289 - 0.029. If this breaks, it could move toward 0.031
3. *Red flag*: After such a big green candle on the 4H timeframe, there’s often a slight pullback. That’s probably why you placed the arrow
*What to look for now:*
- *Bull case*: 4H close + volume above 0.0289 → next target 0.031
- *Bear case*: Rejection from here → retest of 0.027 - 0.0265
Note: Since it’s perpetual, leverage involves risk. Funding is also positive, so shorts get a slight advantage.
Are you taking a trade in CARV or just watching it? If you want, I can also mark the entry/SL/TP levels.#JapanRegulatorsUrgeCryptoWithdrawalLimits #ColdcardExploitFundsSentToMixers
*Current situation:*
- *Price*: 0.02866 +5.32%
- *4H candle*: A big green candle has formed just now, and you marked that same point with the red arrow
- *24H range*: 0.02649 - 0.02875
- *24H volume*: 34.7M CARV ~ 950K USDT
- *Funding*: 0.00500% is positive, meaning longs are paying more
*What the chart is saying:*
1. *Rebound*: From around 0.027 there’s been a strong bounce. Support had been forming here over the past 2–3 days
2. *Resistance*: Immediate resistance is around 0.0289 - 0.029. If this breaks, it could move toward 0.031
3. *Red flag*: After such a big green candle on the 4H timeframe, there’s often a slight pullback. That’s probably why you placed the arrow
*What to look for now:*
- *Bull case*: 4H close + volume above 0.0289 → next target 0.031
- *Bear case*: Rejection from here → retest of 0.027 - 0.0265
Note: Since it’s perpetual, leverage involves risk. Funding is also positive, so shorts get a slight advantage.
Are you taking a trade in CARV or just watching it? If you want, I can also mark the entry/SL/TP levels.#JapanRegulatorsUrgeCryptoWithdrawalLimits #ColdcardExploitFundsSentToMixers