$FORM The price is strongly rising (+14.29% in the last 24h), supported by high volumes.

The trend is clearly bullish, with the price above all major moving averages (MA7, MA25, MA99).

However, the latest movements show smaller candles: a signal of possible slowing down or consolidation.

Technical indicators

RSI (not visible in the chart but deducible): Probably above 70, thus in the overbought zone. This indicates that the price may experience a small retracement in the short term.

MACD: Presumably positive, but should be monitored for reversal signals (e.g., bearish crossover).

Volumes: Strong during the rise, but declining in recent hours, signaling a possible pause or sideways phase.

Important levels

Key supports:

$2.47 (Fibonacci 0.382)

$2.41 (MA25 and Fibonacci 0.5)

$2.34 (Fibonacci 0.618)

Key resistance:

$2.63 (high of the last 24h)

If surpassed with high volumes, one can aim for $2.80–$3.00

Suggested operational strategy

If you are already in: consider protecting profits with a dynamic stop.

If you want to enter:

Wait for a pullback between $2.41 and $2.47, which are strong support zones.

Or enter on confirmed breakout above $2.63, with strong volumes (sign of trend continuation). #MarketPullback