đ $EWYB /USDT Vertical Surge! Are We Going to Clear $215 Next? đ
The $EWYB /USDT pair is showing an aggressive vertical rally on the hourly chart. Pumping +8.20% over the day, the asset has broken completely out of its previous consolidation zone.
Here is a quick technical breakdown of this massive movement:
đ Price Action: Trading strongly at $212.74, maintaining its position close to its 24h high of $214.37.
đ Bollinger Bands (BOLL): The price is hugging the upper band ($213.17), indicating intense buying pressure and an ongoing trend expansion.
đ„ RSI (6): Currently sitting hot at 80.97. While entering overbought territory, it shows powerful immediate momentum pushing the market upward.
đ° Key Levels: The strong recovery from the $190.39 low serves as a solid baseline for this sudden upward extension.
đŻ My Trading Setup:
đ Entry Zone: Current market price or looking for a short-term pullback toward $205 - $208.
đŻ Target 1 (TP1): $215.00 (Immediate psychological breakout point).
đŻ Target 2 (TP2): $222.00+ (Uncharted expansion resistance zone).
đ Stop Loss (SL): $198.00 (Safely below the middle moving average band).
đŹ What is your move?
Are you entering the trade on this strong vertical expansion, or are you waiting for a cool-off retest near $200 first? Drop your predictions below! đ
đ·ïž
#ewyb #CryptoTrading #TechnicalAnalysis #BinanceSquare #BullishRun #Altcoins #TradingSetup
The $EWYB /USDT pair is showing an aggressive vertical rally on the hourly chart. Pumping +8.20% over the day, the asset has broken completely out of its previous consolidation zone.
Here is a quick technical breakdown of this massive movement:
đ Price Action: Trading strongly at $212.74, maintaining its position close to its 24h high of $214.37.
đ Bollinger Bands (BOLL): The price is hugging the upper band ($213.17), indicating intense buying pressure and an ongoing trend expansion.
đ„ RSI (6): Currently sitting hot at 80.97. While entering overbought territory, it shows powerful immediate momentum pushing the market upward.
đ° Key Levels: The strong recovery from the $190.39 low serves as a solid baseline for this sudden upward extension.
đŻ My Trading Setup:
đ Entry Zone: Current market price or looking for a short-term pullback toward $205 - $208.
đŻ Target 1 (TP1): $215.00 (Immediate psychological breakout point).
đŻ Target 2 (TP2): $222.00+ (Uncharted expansion resistance zone).
đ Stop Loss (SL): $198.00 (Safely below the middle moving average band).
đŹ What is your move?
Are you entering the trade on this strong vertical expansion, or are you waiting for a cool-off retest near $200 first? Drop your predictions below! đ
đ·ïž
#ewyb #CryptoTrading #TechnicalAnalysis #BinanceSquare #BullishRun #Altcoins #TradingSetup
