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Technical Indicators Summary:

Current Price: $0.8285 (+5.14%)

24h High / Low: $0.8643 / $0.7875

Volume Surge: Notable volume increase during the upward movement indicates strong buying interest.

Moving Averages:

MA(7): 0.8305 (just above current price — slight near-term resistance)

MA(25): 0.8176 (support)

MA(99): 0.7948 (stronger support)

Chart Patterns & Price Action:

Uptrend: Price broke out above the 25 and 99 MA with increased volume, indicating a bullish short-term trend.

Bullish Candlesticks: The recent green candles and a bounce from $0.7813 show buyer strength.

Retracement: After hitting the 0.8643 high, there was a pullback, but price found support near 25 MA and bounced back.

Spot Trading Signal:

Strategy: Pullback Buy on Support

Entry Zone: $0.8200–$0.8250 (on minor retracements near MA(25))

Stop Loss: Below $0.8100 (previous support zone)

Target 1: $0.8500 (minor resistance zone)

Target 2: $0.8640–$0.8700 (previous high and beyond)

Risk-Reward Ratio:

R:R ~ 1:2 or better, assuming entry near $0.8220