✅ Positive signals:
• The price is stabilizing around the 0.225 region after a slight adjustment from the short-term peak of 0.23235.
• MA5 (gold) and MA10 (purple) are gradually trending upwards and converging, indicating that another slight push may be imminent.
• The price has bounced back and is holding steady above the MA10 line, showing that buyers are trying to maintain this support level.
• Bollinger Bands are starting to contract, signaling the possibility of accumulation before a new bounce.
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⚠️ Caution signals:
• MACD is slightly negative (-0.0011) and the two signal lines are below the 0 axis → the short-term market is still hesitant.
• Trading volume is gradually decreasing → indicating that buying pressure is weakening, and additional accumulation time may be needed.
• The price has not yet surpassed the peak of 0.23235, is moving sideways, and there are no breakout signals yet.
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📈 Short-term conclusion:
• There is still a possibility of further increases, but currently, a break above the 0.228 – 0.232 range with high volume is needed to confirm the continuation of the upward trend.
• If it cannot exceed 0.228 in the next few hours, the price may return to test the support at 0.21 – 0.214.
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🎯 Suggested strategy (according to the 15-minute frame):
• If holding a position: Continue to hold, may move the stop loss to 0.214 – 0.217 to lock in profits.
• If not yet in a position:
• Wait for a pullback to 0.215 – 0.218, if it holds, then consider buying.
• Or wait for a breakout above 0.228 – 0.232 with strong volume, then enter a position accordingly.