【$US Short-Term Rally Review】
1) Up 5.83% in 5 minutes, current price 0.01773, up 20.49% over 24 hours.
2) The 24-hour high of 0.0179 is the nearest resistance. Don’t chase too aggressively before a breakout.
3) 24-hour trading volume is $45.77 million. A rally accompanied by sustained volume is more credible; beware of a pullback if prices surge on low volume.
Conclusion: The trend is upward, but don’t chase a sharp rally. Waiting for a pullback and confirmation is safer.
Do you think this is the beginning or the end?
#US
NFA, DYOR.
1) Up 5.83% in 5 minutes, current price 0.01773, up 20.49% over 24 hours.
2) The 24-hour high of 0.0179 is the nearest resistance. Don’t chase too aggressively before a breakout.
3) 24-hour trading volume is $45.77 million. A rally accompanied by sustained volume is more credible; beware of a pullback if prices surge on low volume.
Conclusion: The trend is upward, but don’t chase a sharp rally. Waiting for a pullback and confirmation is safer.
Do you think this is the beginning or the end?
#US
NFA, DYOR.