It is trading around $0.5621, up 10.82%, after a strong impulsive move on the 15-minute chart.
📊 Technical Breakdown:
Trend: Strong bullish structure with higher highs and higher lows. Resistance: $0.565–$0.570 is the next area to watch.
Upside targets: $0.580, followed by $0.590 if momentum continues.
Support: $0.550–$0.540; holding this zone could keep the bullish setup intact.
A clean breakout above the recent high could open the door to further upside. A pullback and successful retest would offer stronger confirmation than chasing the current pump.
Momentum is bullish, but confirmation matters. Let price make the next move.