
Post
$ATH
The current price is 0.006701 (+9.08%), trading near the 24-hour high (0.006738).
Positive points:
• Strong green candle broke the recent resistance line, closing above MA5 (0.006602) and MA10 (0.006613).
• The price is above most of the MA lines, giving a short-term bullish signal.
• A sharp increase in volume with green candles shows good buying power.
• Pink and blue trend lines are supporting the upward momentum.
Risk:
• Strong resistance area at 0.006738-0.0068. If it can't be broken, it can pull back to support 0.00647-0.00660.
• The common crypto market is highly volatile.
Purchase recommendation:
You can buy here or wait for a pullback to 0.00655-0.00660 with a stop-loss below 0.00647. Short-term target: 0.0069 - 0.0071.
The R:R ratio is quite attractive if the momentum is maintained. Only 1-2% of capital should be used, follow the volume and the next candle.

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