I hope this helps people who do not have much knowledge
📊 Summary of the Current Situation
Current Price: $52.36
Variation in the last 24h: +57.38%
Volume in the last 24h:
TRB: 3.01M
USDT: 141.74M
Maximum (24h): $56.87
Minimum (24h): $33.12
MA(60): $51.86 (the current price is slightly above the 60-period average)
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📈 Technical Indicators
Volume: Strong recent increase in volume (confirms the upward trend).
RSI (Relative Strength Index): Not directly visible, but with this pump of +57%, the RSI is likely in overbought territory (>70).
Short-term trend: Uptrend, with a strong candle breaking resistance.
Order book:
Buyers (bids) are slightly dominating sellers.
Strong accumulation of orders between $52.25–$52.30.
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✅ Positive Points
Strong appreciation indicates market interest.
High volume: confirms real movement (not a "false pump").
Buyers are slightly dominating.
⚠️ Risks
After +57%, the asset may experience profit-taking (short-term drop).
RSI is likely in overbought territory → signal of possible correction.
Proximity to the day's high ($56.87): there may be strong resistance soon.
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📌 Professional Tip
This is not the best time to enter now.
This type of strong increase is usually followed by a correction. Wait for a pullback to the support zone, ideally in the range of $47–$49, where there is greater buyer interest.
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📍 Conclusion
Is it worth buying?
👉 NOT NOW.
Ideal Strategy:
Wait for a correction (pullback) to enter with lower risk.
If you already have a position, consider protecting profits with a stop.