🚀 Quick update on coin
$CARV : a price explosion and violent upward momentum!
Coin
$CARV is igniting the market today with a rise of over 26%, trading around the 0.04290 level. The latest move on the 4-hour timeframe gives us very strong signals worth following.
Quick chart look, guys 🧐🧐
Great breakout: the price succeeded in breaking out and flying above the long-term moving average MA(99), shifting the overall trend in favor of buyers.
Strong volume: the last 4-hour candle is supported by a huge trading volume, confirming the seriousness of the current upswing.
Simple warning: the RSI(6) indicator is approaching the 80 levels (overbought), meaning that picking up the coin after a slight correction or a retest will be the strongest and safest option instead of chasing the high green candles
📊 Trade plan: BUY
🛒 Ideal entry zones (Entry): * if a correction happens, wait for levels 0.03950 - 0.03850 (retest).
For the bold: enter with a very small portion of the market price, and add from below.
🎯 Targets (Take Profit):
0.04500
0.04850
0.05200+
🚫 Stop Loss: * a 4-hour candle close below 0.03500.
⚠️ Always a reminder: high-momentum coins offer great opportunities but with high risk. Stick to strict capital management and don’t enter with all your liquidity
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