The chart shows a powerful bullish move recently with the price skyrocketing from around 0.02 USDT to over 0.035 USDT This is a major breakout after a consolidation period 🟢
🧠 Key Observations
✅ Golden Cross likely happened Shortterm moving average eg purple line crossed above a longer one blue indicating a bullish trend
🔥 High Volume Spike during the breakout — shows strong market interest and buyer strength
⚠️ Current Pullback The latest candles show some selling pressure profit taking maybe The price is correcting slightly near 0.03310 USDT
🛠️ Support and Resistance
Support Around 0.028–0.030 USDT
Resistance Near 0.036 USDT recent top
📉 If price drops below 0.030 we might see further pullback
📈 If it holds and bounces we could see a retest of the recent high and maybe higher
🔮 Conclusion
Bullish trend 📊 but watch for short term pullbacks Ideal to wait for a bounce confirmation at support before considering entry 📌
Do you want a short term trade idea or a long term outlook