Strong bullish momentum (+62.57% today). Price ($0.0205) is trading above the Bollinger Band upper line ($0.02208), indicating an overbought or strong uptrend phase.Volume is very high, with MA(5) > MA(10), confirming strong recent buying interest.
Short-Term Setup (Caution Overbought):
Potential Long (Aggressive): Only if price pulls back and finds support near the middle Bollinger Band (MB: ~$0.01634) or the previous resistance (now support) around $0.0205. Volume should remain high on the bounce
Potential Short/Reversal (Conservative): Watch for rejection at or above the current upper BB. A break below $0.0205 with increasing sell volume could signal a short-term pullback toward $0.01634 (MB)
Order Book Insight: Large sell wall (30.10% sell pressure) just above current price at $0.02050. This could act as immediate resistance.
Key Levels:
Resistance: $0.02050 (sell wall), $0.02208 (Upper BB).
Support: $0.01634 (Middle BB), $0.0200 (psych level).
Summary: The trend is strongly up but overextended. Wait for a pullback to support for a safer long entry, or watch for rejection at the upper BB for a potential short-term reversal. Manage risk closely due to high volatility
