$OP The pullbacks are what make me optimistic here.
Recent candles are making higher highs and higher lows. Buyers have been holding progressively higher ground; that is the strength I want to see continue.
Volume on the last closed 1H candle is 0.2 times the recent average. With less trading than usual, I am not convinced this move has strong support yet.
4 of the last four 1H candles rose, moving +23.62% overall. The advance is spread across several candles, not just one jump. That is why the buying interest looks more convincing to me.
Price is 2.11% below the observed high of 0.001941 and 9.32% above the low of 0.001738 USDT. It has kept more of the move away from the low. I am interested in that strength, without assuming the high will break.
The last three 1H candles made higher highs and higher lows. Buyers have been accepting higher prices on each pullback. That is the part of this chart I like.
The last closed 1H candle finished at 0.03318 USDT, below the previous low of 0.03477. Price has lost the previous candle’s low. That fresh weakness is why I am not treating a cheaper price as a buying signal.
Price fell to 0.02848 USDT, then recovered to 0.02867 in the last closed 1H candle. The lower wick shows buying after the drop. It is an early recovery signal, not proof that the decline is over.
The observed range is 0.01402–0.01598. The last closed 1H candle finished at 0.01557 USDT, above the previous high of 0.0151. The latest candle has moved beyond the previous trading range. That is a concrete improvement in price, not just a change in sentiment.
$1000CAT +43.05% against $HEMI -17.14% in 24H. Two very different moves.
The first is 5.08% below its daily high; the second is 0.33% above its low. I would examine that recovery before treating the bigger loss as a bargain.
Do you prefer an established rise or evidence of a recovery after a drop?
$1000CAT is the one I would examine first among these three gainers.
1000CAT +45.56% · $MARSCOIN +40.20% · $NOM +18.18% in 24H.
Why this one? It sits highest within its own daily range (87%), so it has kept more of its advance from the low. That is relative strength, not a promise of another rise. Which chart would you compare next?