$Lobster — Bullish momentum awaits a resistance breakout
Lobster Futures is at 0.07072 USDT, up 49.198% over 24 hours. The latest 1H candle closed bullish, rising from 0.06574 to 0.06867; the most recent 4H candle also closed bullish, rising from 0.05979 to 0.06604, supporting a recovery.
🟢 Favor the bullish direction if a 1H candle closes above 0.07091, the high of the previous completed 1H candle. The next level to watch is 0.08230, the high of a completed 4H candle. This view is invalidated if a 1H candle closes below 0.06544. Volatility is high, so wait for a candle close confirmation rather than chasing the 24-hour gain.
Personal observation, not a recommendation. Risk 1%; always set a stop.
#Crypto #Futures
Lobster Futures is at 0.07072 USDT, up 49.198% over 24 hours. The latest 1H candle closed bullish, rising from 0.06574 to 0.06867; the most recent 4H candle also closed bullish, rising from 0.05979 to 0.06604, supporting a recovery.
🟢 Favor the bullish direction if a 1H candle closes above 0.07091, the high of the previous completed 1H candle. The next level to watch is 0.08230, the high of a completed 4H candle. This view is invalidated if a 1H candle closes below 0.06544. Volatility is high, so wait for a candle close confirmation rather than chasing the 24-hour gain.
Personal observation, not a recommendation. Risk 1%; always set a stop.
#Crypto #Futures
