BullishSpike
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$WAXP / USDT – Showing Bullish Momentum After a Spike! 🔥
$WAXP is currently trading at $0.02586, showing a gain of +3.40%. The 4-hour chart indicates a recent sharp upward spike, and the price is now consolidating near the high. This suggests continued buying interest.
Potential Trade Setup:
Entry: Consider potential entries around the current level or on slight pullbacks towards $0.0257, looking for support to hold.
Target 1: $0.0265
Target 2: $0.0275
Final Target: $0.0280+ (testing previous highs)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.0252, to manage risk.
Key Observation: The recent strong bullish spike suggests potential for further gains if the price can hold above the immediate support levels. Watch for continuation of this momentum.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon here in Multan!
#WAXP #BullishSpike #Trading #NFT #DYOR
$WAXP is currently trading at $0.02586, showing a gain of +3.40%. The 4-hour chart indicates a recent sharp upward spike, and the price is now consolidating near the high. This suggests continued buying interest.
Potential Trade Setup:
Entry: Consider potential entries around the current level or on slight pullbacks towards $0.0257, looking for support to hold.
Target 1: $0.0265
Target 2: $0.0275
Final Target: $0.0280+ (testing previous highs)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.0252, to manage risk.
Key Observation: The recent strong bullish spike suggests potential for further gains if the price can hold above the immediate support levels. Watch for continuation of this momentum.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon here in Multan!
#WAXP #BullishSpike #Trading #NFT #DYOR
$JST / USDT – Massive Bullish Spike! 🚀
$JST has experienced an explosive move to $0.04154, rocketing up by a significant +28.89%! The 4-hour chart shows an enormous green candle indicating strong and sudden buying pressure. Volume is also significantly high.
Potential Considerations (High Volatility):
Entry: Given the sharp spike, entering now carries significant risk. Consider waiting for potential consolidation or pullbacks to establish a position.
Target 1: $0.0425
Target 2: $0.0440 (previous high)
Final Target: Evaluating further targets will depend on how the price action develops after this strong move.
Stop Loss: If entering, a wider stop-loss might be necessary due to the volatility, perhaps below the $0.038 - $0.040 range, depending on your risk tolerance.
Key Observation: This type of rapid price increase can be followed by periods of consolidation or correction. Exercise extreme caution and manage your risk carefully. Watch for volume confirmation and potential profit-taking.
Trade with caution and remember the high volatility associated with such movements.
#Binance #JST #BullishSpike #Volatility #Trading
$JST has experienced an explosive move to $0.04154, rocketing up by a significant +28.89%! The 4-hour chart shows an enormous green candle indicating strong and sudden buying pressure. Volume is also significantly high.
Potential Considerations (High Volatility):
Entry: Given the sharp spike, entering now carries significant risk. Consider waiting for potential consolidation or pullbacks to establish a position.
Target 1: $0.0425
Target 2: $0.0440 (previous high)
Final Target: Evaluating further targets will depend on how the price action develops after this strong move.
Stop Loss: If entering, a wider stop-loss might be necessary due to the volatility, perhaps below the $0.038 - $0.040 range, depending on your risk tolerance.
Key Observation: This type of rapid price increase can be followed by periods of consolidation or correction. Exercise extreme caution and manage your risk carefully. Watch for volume confirmation and potential profit-taking.
Trade with caution and remember the high volatility associated with such movements.
#Binance #JST #BullishSpike #Volatility #Trading
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