Observations:
Price Action:
Current price: 0.002833 USDT, up +7.31% in the last 24h.
Strong bullish candle followed by a small consolidation candle suggests a potential continuation or short-term pullback.
Recent high of 0.002926 USDT, with strong volume during the breakout.
Exponential Moving Averages (EMA):
EMA(7): 0.002781 (Yellow)
EMA(25): 0.002693 (Pink)
EMA(99): 0.002628 (Purple)
Price is trading above all EMAs, a bullish sign.
Volume:
Significant volume spike during the breakout, indicating strong interest and momentum.
Order Book:
Buy pressure: 54.42%
Sell pressure: 45.58%
Slightly more demand than supply — a bullish sentiment.
Volatility and Trend:
The token is up 41.79% over the last 30 days.
Short-term trend is clearly bullish.
Prediction:
Short-Term (Next few hours to 1 day):
Likely continued bullish momentum, especially if the price consolidates above 0.002800 without dropping below EMA(7).
Possible next target: 0.002950 - 0.003000, if bullish volume continues.
Watch for:
Breakdown below 0.002780 (EMA 7) may signal a correction or retest of lower supports near 0.002700 - 0.002650.