The price of $4 shows extreme volatility with massive momentum exceeding 65% in 24 hours, leaving on the table the possibility of a deep pullback toward the initial liquidity zones on lower timeframes.
Each trader assesses whether they prefer to hunt for a possible bearish move if the price loses the moving averages with strength (such as the area near 0.023 or the lower support) or wait for the structure to define a new support.
It is essential to set your alerts 🔔 strategically: an upper alert at the recent highs of 0.0287 to monitor whether the trend continues extending, and a lower alert at the key support levels near 0.021 - 0.022 to catch any retest or liquidity sweep with volume confirmation.
Patience and confirmation on candle closes are the best allies to avoid surprises. Do you expect it to seek liquidity below, or do you prefer to watch for the continuation of the rise?
#AnalisisTecnico
TAP HERE ⬇️⬇️
Each trader assesses whether they prefer to hunt for a possible bearish move if the price loses the moving averages with strength (such as the area near 0.023 or the lower support) or wait for the structure to define a new support.
It is essential to set your alerts 🔔 strategically: an upper alert at the recent highs of 0.0287 to monitor whether the trend continues extending, and a lower alert at the key support levels near 0.021 - 0.022 to catch any retest or liquidity sweep with volume confirmation.
Patience and confirmation on candle closes are the best allies to avoid surprises. Do you expect it to seek liquidity below, or do you prefer to watch for the continuation of the rise?
#AnalisisTecnico
TAP HERE ⬇️⬇️
