Brothers, this wave of market is simply explosive!
The chip distribution map at the current price range shows that there are hardly any trapped positions above, and the selling pressure is as light as a feather. This structure is the easiest to violently surge.
There is strong support around 1600 below, and there is an 11.52% safety cushion between the current price and that level, so even if there is a pullback, it won't drop much.
The 4-hour chart is even more impressive—after the MACD golden cross, the bullish momentum continues to explode, and the slope of the EMA24 moving average is at 2.46%. Such steepness only occurs during the main upward wave of a bull market.
The RSI has broken through 70 with volume, clearly indicating that the main force is locking in and aggressively attacking. Any shorts that dare to intervene now are just asking for trouble!
#加密市场反弹 #币安Alpha上新 #BNBChainMeme热潮
Continuing to recommend intraday spot: Mkr Ai sector Ath Ai16z