đ¨ $Lobster surged 29% in a single dayâthis candlestick is abnormal.
In the last 24 hours, 1.3 billion tokens were traded, with a trading volume of $207 million. The price moved from 0.135 to 0.184, a 36.8% range. The low at 0.135 is the start of this upswing, and 0.184 is the current resistanceâif the pullback doesnât break 0.155, thereâs still room for further upside. If it breaks, it may drop back to 0.145 to shake things out. The stop-loss is set at 0.138; if that breaks, it means this pump lacks follow-through.
First, see whether it can break through the 0.20 whole-number level with volume. If it clears that, then look toward 0.215. If youâre unsure, drop half your position above 0.18 first. Is the trade worth itârisking a 3% loss to capture a 14% gain?
At this point, would you chase or wait for a pullback? Comment your stop-loss level.
#Lobster
In the last 24 hours, 1.3 billion tokens were traded, with a trading volume of $207 million. The price moved from 0.135 to 0.184, a 36.8% range. The low at 0.135 is the start of this upswing, and 0.184 is the current resistanceâif the pullback doesnât break 0.155, thereâs still room for further upside. If it breaks, it may drop back to 0.145 to shake things out. The stop-loss is set at 0.138; if that breaks, it means this pump lacks follow-through.
First, see whether it can break through the 0.20 whole-number level with volume. If it clears that, then look toward 0.215. If youâre unsure, drop half your position above 0.18 first. Is the trade worth itârisking a 3% loss to capture a 14% gain?
At this point, would you chase or wait for a pullback? Comment your stop-loss level.
#Lobster