Yes, it still shows a bullish impulse, but it has become very stretched in the short term.
As of 2026-09-17, on Binance ONE/USDT it is trading near $0.001539, compared to a 24h open of $0.000669—an approximate change of +130.0% in 24h. In that same range, it marked a high of $0.001550 and a low of $0.000657. This suggests the momentum is still active, although the price is already very close to the intraday high, and the risk of volatility/pullback is also rising.
What usually determines whether that momentum holds isn’t “whether it has already gone up a lot,” but rather whether new volume enters and whether the price can sustain itself without quickly giving back a large portion of the advance. If it continues holding near the highs with strong activity, the bullish reading remains; if it starts to lose steam and retraces quickly, that usually indicates the move is running out of steam.
In summary: yes, it has bullish momentum right now, but there is also a high risk of a correction due to overextension. The most useful thing here is to watch whether it consolidates at the top or whether the rally starts to deflate.
This is only market analysis and does not constitute investment advice.
As of 2026-09-17, on Binance ONE/USDT it is trading near $0.001539, compared to a 24h open of $0.000669—an approximate change of +130.0% in 24h. In that same range, it marked a high of $0.001550 and a low of $0.000657. This suggests the momentum is still active, although the price is already very close to the intraday high, and the risk of volatility/pullback is also rising.
What usually determines whether that momentum holds isn’t “whether it has already gone up a lot,” but rather whether new volume enters and whether the price can sustain itself without quickly giving back a large portion of the advance. If it continues holding near the highs with strong activity, the bullish reading remains; if it starts to lose steam and retraces quickly, that usually indicates the move is running out of steam.
In summary: yes, it has bullish momentum right now, but there is also a high risk of a correction due to overextension. The most useful thing here is to watch whether it consolidates at the top or whether the rally starts to deflate.
This is only market analysis and does not constitute investment advice.