BLESS just pushed into the $0.01 area, so the setup changed. 📈
This is no longer about catching the first move. It is about whether bulls can hold the breakout.
1. THE REALITY
Price is above EMA20, EMA50, and EMA200, with ADX at 51.6 showing a strong trend.
Momentum is still bullish, but after the fast move from $0.0078 to $0.0125, I do not want to chase every green candle.
2. THE SETUP
The key level now is $0.01006.
If BLESS holds above it, bulls can keep control and aim back toward $0.01257.
If price loses $0.00943, the breakout starts looking weaker and a deeper pullback toward $0.00803-$0.00726 becomes possible.
3. MY VERDICT
Bullish while $0.00943 holds.
Strong continuation only if $0.01006 turns into support.
Are you buying the $0.01 breakout, or waiting for a retest?
This is no longer about catching the first move. It is about whether bulls can hold the breakout.
1. THE REALITY
Price is above EMA20, EMA50, and EMA200, with ADX at 51.6 showing a strong trend.
Momentum is still bullish, but after the fast move from $0.0078 to $0.0125, I do not want to chase every green candle.
2. THE SETUP
The key level now is $0.01006.
If BLESS holds above it, bulls can keep control and aim back toward $0.01257.
If price loses $0.00943, the breakout starts looking weaker and a deeper pullback toward $0.00803-$0.00726 becomes possible.
3. MY VERDICT
Bullish while $0.00943 holds.
Strong continuation only if $0.01006 turns into support.
Are you buying the $0.01 breakout, or waiting for a retest?
Disclaimer: Personal analysis only. Not financial advice. DYOR.
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💎 Telegram Channel: t.me/MonoCoin_Public
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.