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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.