By analyzing the screenshot of the 1000000 BOB/USDT currency pair on the hourly (1h) timeframe, we observe the following:
✅ Quick technical overview:
🔹 Current price: 0.06752 USDT
🔹 Highest price in 24 hours: 0.07041
🔹 Lowest price in 24 hours: 0.05154
🔹 Daily increase: +28%
📈 Technical indicators:
EMA moving averages:
EMA 7 = 0.06660 ✅
EMA 25 = 0.06220 ✅
EMA 99 = 0.05461 ✅
The price is above all moving averages, indicating a strong uptrend.
Stochastic RSI:
In a corrective position, but it does not show strong selling saturation yet (may support another rise soon).
Trading volumes:
Very active, supporting strong upward movement.
🔍 Important levels:
Type Price Current Resistance 0.07041 (previous peak) Near Support 0.06660 (EMA 7) Strong Support 0.06220 (EMA 25)
📌 Proposed scenario:
Buy now: Possible while monitoring the price on breaking 0.0705 with a strong candle.
First target: 0.0750 – 0.0800.
Second target (in case of strong momentum): 0.0900 – 0.10.
Stop loss: Break below 0.0622 with a 1h candle close under it.
Would you like me to automatically track this currency (1000000 BOB) for you and notify you when:
The price approaches 0.0705 to break the resistance?
Or if the price drops to the buying area 0.062 – 0.063?