$SOPH I came in constructive, but I’ve tightened that view after the first burst of enthusiasm.
For , a +107.97% (24h) move is proof of attention, not proof of follow-through, so the opinion now hangs on $0.009902. I want to see price give that level back, then have sellers fail to push through it while a close returns above. Absorption first, acceptance second; without that sequence, the higher-high idea is just hope.
My preferred path is a quick retest that holds $0.009902, then pressure into $0.0107 where acceptance or rejection will show itself. If $0.004162 gives way on a closing basis, this continuation read is finished; a local retest alone is not the end.
#Crypto #Retest
For , a +107.97% (24h) move is proof of attention, not proof of follow-through, so the opinion now hangs on $0.009902. I want to see price give that level back, then have sellers fail to push through it while a close returns above. Absorption first, acceptance second; without that sequence, the higher-high idea is just hope.
My preferred path is a quick retest that holds $0.009902, then pressure into $0.0107 where acceptance or rejection will show itself. If $0.004162 gives way on a closing basis, this continuation read is finished; a local retest alone is not the end.
#Crypto #Retest
