$TFUEL is trading at $0.00884, up 8.47% and sitting just below the 24h high of $0.00886. The price has moved steadily from the low of $0.00810, showing decent buying pressure. A breakout above $0.00886 could open the door toward $0.00900 or higher, but resistance here is clear.
Volume is the main concern. The latest bar shows only 225K TFUEL traded, well below both MA(5) at 243K and MA(10) at 421K. This drop in volume while price approaches resistance suggests fading momentum. Without fresh buying interest, a pullback toward $0.00865 or $0.00837 is likely.
The 24h volume of 30.02M TFUEL is decent overall, but the recent decline in activity indicates caution. If price breaks above $0.00886 with strong volume, it could signal continuation. Otherwise, expect consolidation or a retracement.
Watch the 1H chart for volume confirmation. This is a tight range setup—breakout or breakdown. Patience is key here, as low volume moves can be false signals. Let the market show its hand first.
$TFUEL
#SamsungToAnnounceNewShareholderReturnPlanFriday #SpotGoldHitsHighestSinceMay15 #USRefinersFaceLoomingCrudeSupplyDrop
Volume is the main concern. The latest bar shows only 225K TFUEL traded, well below both MA(5) at 243K and MA(10) at 421K. This drop in volume while price approaches resistance suggests fading momentum. Without fresh buying interest, a pullback toward $0.00865 or $0.00837 is likely.
The 24h volume of 30.02M TFUEL is decent overall, but the recent decline in activity indicates caution. If price breaks above $0.00886 with strong volume, it could signal continuation. Otherwise, expect consolidation or a retracement.
Watch the 1H chart for volume confirmation. This is a tight range setup—breakout or breakdown. Patience is key here, as low volume moves can be false signals. Let the market show its hand first.
$TFUEL
#SamsungToAnnounceNewShareholderReturnPlanFriday #SpotGoldHitsHighestSinceMay15 #USRefinersFaceLoomingCrudeSupplyDrop