Useless Coin bounced strongly from the 0.009 daily support, a level in confluence with the value area low. Price is now trading above the point of control, showing renewed bullish momentum.
If price holds above the POC, expansion toward the 0.15 daily resistance becomes the next likely target.
Key Points:
= Strong bounce from 0.009 daily support
= Now above the point of control
= Upside target sits at 0.15
What to Expect:
Holding above POC favors continuation higher. Losing it may cause a rotation back to support before attempting another push to the highs.
If price holds above the POC, expansion toward the 0.15 daily resistance becomes the next likely target.
Key Points:
= Strong bounce from 0.009 daily support
= Now above the point of control
= Upside target sits at 0.15
What to Expect:
Holding above POC favors continuation higher. Losing it may cause a rotation back to support before attempting another push to the highs.
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Disclaimer
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.