HAEDAL 1 Minute Line Fluctuates Upward, Binance Players Focus on This Rhythm!
Just looked at Binance's HAEDAL/USDT 1-minute K-line, the trend is interesting —— from 0.2740 it has been fluctuating upward, currently around 0.2913, let's break it down:
Market Breakdown
Trend: Relying on the MA7 moving average, gradually rising, breaking through previous minor resistance, bullish momentum is accumulating, short-term upward trend
Volume: During the rise, trading volume increased (bars turned red and thicker), indicating that funds are 'sneakily entering the market,' pushing the price up
Key Levels: 0.2920 is short-term resistance (breakthrough looks at 0.2950), 0.2900 is support (holding this will continue the upward trend)
Operation Suggestions
Spot Traders: Hold on! The upward fluctuation trend is obvious, as long as it does not break the 0.2900 support, continue to hold for new highs
Contract Traders: Buy with a small position (stop loss at 0.2900), add to the position upon breaking 0.2920, quick in and out to catch the wave
Watchful Traders: Wait for the confirmation of the 0.2920 breakout before entering, it's safer to avoid being hit back and forth in a fluctuating market
(Small coins are highly volatile, control your position first! Binance players focus on 0.2920, whether to profit or be hit depends on this wave~)
