It looks like a repeat of the dynamics $BANANAS31 before that very jump to 0.07 — and we are still at the beginning.
— The key supply zone is currently 0.00768–0.00775. Confirmation of impulse — H1 close above 0.00780 on increasing hourly volume.
— After confirmation, a liquidity corridor opens to 0.0086–0.0090 and higher; consolidations there will give a chance for further steps to 0.013–0.017, then 0.028–0.044 and a retest of the area 0.07.
— According to the tape and the book — active absorption near 0.0074–0.0076, market purchases periodically "clean" the upper levels — this is typical preparation for accelerations.
Risks of scenario cancellation: loss of 0.00710 or H1 close below 0.00695.
Conclusion: we are observing the strength of 0.00768–0.00775 and volume on H1. The growth scenario remains valid if support is held and a confirmed breakout occurs.
DYOR!
