$4 caught my attention here đ
This thing already moved 40%+, so I really donât wanna chase it after the pump.
On 5M, it ran all the way to 0.02088, then got rejected pretty hard and dropped to 0.01583. Buyers did step in there though, and now itâs trying to recover around 0.01686.
Iâm watching 0.01583 first. Thatâs sitting around the MA99 and itâs basically the level that saved the bounce.
Above that, Iâd like to see 0.01820, then 0.01874 (MA25)..But MACD is still negative, so Iâm not convinced this bounce is strong enough yet.
For now Iâm just watching the candles.
If 0.01583 holds â interesting.
If it breaks again â Iâm staying out.
No need to FOMO into a +40% candle đ $4
This thing already moved 40%+, so I really donât wanna chase it after the pump.
On 5M, it ran all the way to 0.02088, then got rejected pretty hard and dropped to 0.01583. Buyers did step in there though, and now itâs trying to recover around 0.01686.
Iâm watching 0.01583 first. Thatâs sitting around the MA99 and itâs basically the level that saved the bounce.
Above that, Iâd like to see 0.01820, then 0.01874 (MA25)..But MACD is still negative, so Iâm not convinced this bounce is strong enough yet.
For now Iâm just watching the candles.
If 0.01583 holds â interesting.
If it breaks again â Iâm staying out.
No need to FOMO into a +40% candle đ $4
