$BROCCOLI714 - Huge rise of 15%! But is a slowdown period coming?
Sharp increase from $0.03570 to $0.04400
Rejection at the peak followed by a strong decline in the wick
$BROCCOLI714 recorded a corresponding movement with gains exceeding 15%, but faced strong resistance at $0.04400. The long upper wick indicates a potential short-term exhaustion, although the trend remains bullish above the 7 and 25 moving averages.
Buy setup (after the pullback):
Entry price: $0.04120
Targets:
1: $0.04350
2: $0.04480
Stop loss: $0.03980
If the price stabilizes above $0.04000, bulls may resume the rise to continue climbing.
Watch for a bounce near the 7-year moving average to confirm re-entry.
#BROCCOLI714USDT #AltcoinSurge #CryptoTrading #BinanceFutures #BreakoutAlert