$VOXEL VOXEL/USDT Chart Analysis (1h timeframe)

Current Price: $0.0260

24h Change: +23.81%

24h High / Low: $0.0284 / $0.0209

Trend: Bullish breakout followed by mild retracement

Technical Indicators (summary):

Parabolic SAR: Dots remain below — confirming active bullish trend.

MACD: Bullish with positive crossover — histogram still rising, indicating sustained momentum.

MA5 & MA10: Price remains above both — signaling strong short-term uptrend.

Volume: Surging — spike confirms genuine breakout with high buying interest.

Price Action:

VOXEL/USDT surged from $0.0212 to a peak of $0.0284 within hours, delivering a clean breakout from recent sideways consolidation. The move was initiated by a long green candle, backed by massive volume, taking out multiple resistance levels in a single thrust. After peaking, the price slightly retraced and is now ranging around $0.0252–$0.0265, showing signs of stabilization. Buyers have held the price above the breakout zone, and candles remain mostly green with long lower wicks — suggesting support absorption and ongoing demand.

Outlook:

Bullish scenario: A breakout above $0.0270 with volume could push price toward $0.0284 again, followed by extension to $0.0300 or higher. Sustained volume above MA5 is key.

Bearish scenario: A drop below $0.0250 could lead to a retracement toward $0.0233 or the support base near $0.0215.

Conclusion:

#VOXEL has initiated a strong breakout from its previous downtrend with increasing momentum and confirmation across indicators. While there is minor profit-taking, price remains above key support. The current structure favors bulls, but continuation depends on holding above $0.0250 and reclaiming $0.0270 with volume. Traders should watch for either a breakout continuation or a retracement toward previous support.