๐จ Technical analysis of $ๅธๅฎไบบ็ | 4H timeframe
๐น Current price: 0.6024$ ๐ (+24.23% over 24h)
โ It is moving within a clear uptrend with continued formation of higher highs and higher lows, confirming buyers' control over the overall trend.
โ A clear break above previous resistance areas with accelerating positive momentum, reflecting the strength of the uptrend.
โ The 0.5233$ โ 0.4955$ area represents a key support/demand zone.
โ It is moving in overbought territory (82.93), which may put pressure on the price.
๐ผ Positive scenario (upside):
If it holds and breaks above 0.6321$
๐ฏ 0.6709$ โ 0.7283$ โ 0.7916$
๐ฝ Negative scenario (downside):
If 0.5625$ is broken on a 4-hour close
โ 0.5233$ โ 0.4955$ โ 0.4789$
๐ Note: Any pullback toward support zones is considered a potential opportunity within the uptrend.
โ ๏ธ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto news and the rest of the markets, follow us
@AR_cryptonews
๐น Current price: 0.6024$ ๐ (+24.23% over 24h)
โ It is moving within a clear uptrend with continued formation of higher highs and higher lows, confirming buyers' control over the overall trend.
โ A clear break above previous resistance areas with accelerating positive momentum, reflecting the strength of the uptrend.
โ The 0.5233$ โ 0.4955$ area represents a key support/demand zone.
โ It is moving in overbought territory (82.93), which may put pressure on the price.
๐ผ Positive scenario (upside):
If it holds and breaks above 0.6321$
๐ฏ 0.6709$ โ 0.7283$ โ 0.7916$
๐ฝ Negative scenario (downside):
If 0.5625$ is broken on a 4-hour close
โ 0.5233$ โ 0.4955$ โ 0.4789$
๐ Note: Any pullback toward support zones is considered a potential opportunity within the uptrend.
โ ๏ธ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto news and the rest of the markets, follow us
@AR_cryptonews