The price reached a bottom at 85,860 USDT and then started to rise again, reaching 87,327 USDT. There is clear buying momentum, as indicated by the MACD indicator showing a positive crossover, suggesting the possibility of continued upward movement.
However, to confirm whether the correction has completely ended, one can look at:
1. Nearby resistance level: If the price breaks above the 87,682 USDT area and stabilizes above it, there may be confirmation that the correction has ended.
2. Trading volumes: If volumes continue to rise along with the price, this indicates buyer support for the upward movement.
3. Closing above moving averages: If the price stabilizes above the MA(10) and MA(5) averages, this could reinforce the upward trend.
Overall, there are positive signals, but it is better to wait for confirmation of a breakout above resistance levels before definitively confirming the end of the correction.
