💡 Quick technical analysis:
✅ Strong price jump! PARTI has seen a notable increase of +20.87% in the last 24 hours, reaching $0.2363 after rebounding from the $0.1944 area, reflecting strong liquidity entry and notable buying interest.
✅ RSI indicates strong buying momentum! The Relative Strength Index (RSI) is at 86.74, indicating entry into the overbought area, but often this translates to additional upward momentum in high liquidity coins.
✅ Very positive MACD! The positive crossover between the MACD and Signal lines supports the continuation of the upward trend, with momentum clearly increasing.
✅ High trading volumes! With a daily trading volume exceeding 42 million PARTI, this confirms that the upward movement is supported by strong liquidity, weakening the chances of temporary "pump and dump".
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🚀 Expected scenario:
If the previous resistance at $0.2424 is broken and held above, we may see a surge towards $0.26 - $0.28 in the coming hours.
In case of a correction, the $0.217 – $0.220 area will be good support for a rebound.
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📊 Technical patterns under observation:
✅ Clear "Breakout" pattern! The price broke above a previous peak after consolidation, which could be the beginning of an extended upward wave.
✅ Forming a stable support base! The horizontal movements in the past days before the current jump may indicate the formation of a strong base for an upward launch.
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🚨 Supporting signals from indicators:
RSI is high, but not yet reflected → meaning momentum has not peaked.
MACD is positive and accelerating → the possibility of continued rise is very strong.
Trading volumes above average → reflect wide market participation.
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🎯 Expectations for the upcoming movement:
Successful breakout at level 0.2424 → opens the way to level 0.26 then 0.28.
Retracement to 0.220 then rebound → excellent entry opportunity at support.
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💬 My personal opinion:
PARTI is currently in an ideal position for speculative buying. The strong breakout and all technical indicators are in favor of the rise. However, the high overbought level urges caution against sudden corrections.
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✅ Final advice:
Use a flexible stop loss below 0.220 to reduce risks.
Follow news or new partnerships that may support the continuation of momentum.
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📢 What do you think? Do you see PARTI continuing its upward journey towards $0.30? Or are we nearing a temporary peak? Share your predictions!