Recently, the trend of this coin has been quite interesting. From a technical perspective, the current price is at 0.2305, having completed a short-term pullback, and now it has moved back above.



If you want to chase this wave, the range of 0.2290 to 0.2300 is a good entry point. Why? Just look at the moving averages — MA5 (0.2215) < MA10 (0.2160) < MA20 (0.2295) — all neatly aligned below the price, a typical bullish pattern. The medium-term trend is clearly upward.

Regarding target levels, there are three layers: first, break through the resistance at 0.2412; then the 24-hour high at 0.2443; and finally, the historical high at 0.2890. Of course, if it falls below 0.2250, it’s a signal to exit, as that indicates the MA20 has broken.

The trading volume is also decent — currently at 47.6M, exceeding the 5-day average volume of 36.3M, indicating ongoing capital interest. Although it’s not as explosive as earlier, the enthusiasm remains. From a pattern perspective, after recent pullbacks, it has moved upward again, with a complete bullish structure that has not been broken.

Overall, the current technical support is quite strong. If you're interested, you might consider entering.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
FrontRunFightervip
· 01-20 00:17
nah wait, those volume numbers look suspicious tbh. 47.6m pumped on what exactly? feels like someone's painting the tape before the rugpull. been down this dark forest before.
Reply0
MissedAirdropAgainvip
· 01-19 12:06
0.229 is indeed a good entry point. With such a clean moving average alignment, I'm also a bit tempted.
View OriginalReply0
OnchainDetectiveBingvip
· 01-17 13:30
Alright, it does look interesting. This bullish structure is still quite complete.
View OriginalReply0
GasFeeBeggarvip
· 01-17 05:03
Wow, the moving averages are arranged so neatly, I also want to jump in.
View OriginalReply0
GateUser-9ad11037vip
· 01-17 04:58
It's the same moving average theory again. Every time, it predicts a bullish pattern, but it still gets knocked down in the end.
View OriginalReply0
DegenWhisperervip
· 01-17 04:49
Damn, this moving average alignment is perfect, just get on board directly.
View OriginalReply0
SnapshotBotvip
· 01-17 04:49
0.23 this level definitely has some significance, the moving averages are arranged very nicely.
View OriginalReply0
  • Pin