$DRIFT altcoin session is on šÆ DRIFT is going to moon high šØ
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š Technical Summary:
Price: ~$0.696ā$0.698
24h Change: +38.45%
24h High: $0.7220
Volume: Very strong (127M DRIFT)
Trend: Sharp uptrend across both 15m and 4h charts
Order Book (Sentiment):
On 15m: 57.41% Ask (bearish pressure)
On 4h: 66.77% Bid (bullish pressure)
MA Trend: Price is above all moving averages, especially above MA(7) and MA(25), confirming momentum
š Suggested Strategy:$DRIFT
ā If you're bullish (Long):
Entry zone: $0.690 ā $0.695 (wait for a slight dip or consolidation to re-enter)
Stop-loss: Below $0.665 (under previous short-term support)
Target 1: $0.722 (previous high)
Target 2: $0.75+ (if breakout continues)
> ā Entry is safer if the price bounces off the $0.690-$0.695 range with strong volume again.
ā If you're bearish (Short):$DRIFT
Entry zone: $0.715 ā $0.720 (resistance area)
Stop-loss: Above $0.735
Target 1: $0.680
Target 2: $0.660 (depending on momentum breakdown)
> ā ļø Only consider shorting if price fails to break $0.722 and volume weakens or wicks start appearing.
š§ Final Advice:
Avoid chasing ā The move has already gone parabolic. A late entry long can be risky.
Look for confirmation ā Either a breakout above $0.722 with volume for long or rejection at that level for short.
Use tight stops ā The volatility is high, especially after a 38%+ move.