2. Bullish Elements
Extremely strong rise from 0.12 → 0.40 USDT (more than 3×).
A clear series of higher lows and higher highs.
Breakout of major resistance levels:
0.122
0.178
0.236
As long as the price stays above 0.236, the long-term structure remains bullish.
📉 3. Bearish Elements
A strong rejection is forming around 0.41–0.42.
The last top has long wicks, indicating:
selling pressure,
impatient buyers,
risk of correction.
After parabolic moves, a correction is always expected.
Extremely strong rise from 0.12 → 0.40 USDT (more than 3×).
A clear series of higher lows and higher highs.
Breakout of major resistance levels:
0.122
0.178
0.236
As long as the price stays above 0.236, the long-term structure remains bullish.
📉 3. Bearish Elements
A strong rejection is forming around 0.41–0.42.
The last top has long wicks, indicating:
selling pressure,
impatient buyers,
risk of correction.
After parabolic moves, a correction is always expected.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.