$Q Short-term rally review:
1) Up 23.1% in 1 hour, current price 0.0661, up 27.74% over 24h.
2) The 24h high of 0.07248 is the nearest resistance. Avoid getting too aggressive until the price breaks above it.
3) 24h trading volume was $131 million. A rally accompanied by sustained volume growth is more convincing; be wary of a pullback if the price rises on declining volume.
Conclusion: The trend is upward, but don't chase a big green candle. Waiting for a pullback and confirmation is more prudent.
Which direction are you more optimistic about?
#Q
It's your money, so it's your call.
1) Up 23.1% in 1 hour, current price 0.0661, up 27.74% over 24h.
2) The 24h high of 0.07248 is the nearest resistance. Avoid getting too aggressive until the price breaks above it.
3) 24h trading volume was $131 million. A rally accompanied by sustained volume growth is more convincing; be wary of a pullback if the price rises on declining volume.
Conclusion: The trend is upward, but don't chase a big green candle. Waiting for a pullback and confirmation is more prudent.
Which direction are you more optimistic about?
#Q
It's your money, so it's your call.