The currency has undergone a sharp correction after a strong rise, but there are signs of price stability and a potential rebound. Traders can monitor the resistance level of 0.0040 as the first target for the rebound. However, caution should be exercised due to the high volatility that the currency has shown. A buying strategy at the support level of 0.0037 with a stop loss below this level may be suitable for medium-risk traders.
$FHE The FHE-USDT pair shows a strong upward trend after a sharp reversal from the level of 0.06458. The rise of 169.27% confirms the strength of buyers in the market. From a technical perspective, traders can consider:
Buying strategy: waiting for short-term corrections to enter at nearby support levels (0.12000-0.11500) Risk management: placing a stop loss below the level of 0.11000 to protect capital Profit targets: targeted levels at 0.13500 and 0.15000 in the short and medium term
Buy near 0.00365 – 0.00370 • (If it retraces to test support, it gives a good entry opportunity).
🔹 Targets (Take Profit): 1. First target: 0.00380 ✅ 2. Second target: 0.00394 3. If it breaks strongly: 0.00410 – 0.00430 (but it's preferable to take profits gradually).
🔹 Stop Loss: • Below 0.00352 (breaking it means the trend may decline further).
📌 Plan: • If the price reaches TP1 → close half the quantity and move the stop loss to the entry point. • If it breaks 4340$ with strong volume → continue to the second target 4500$
The MYX-USDT pair shows a strong upward trend with a growth of 23.10% during the analysis period. The chart is characterized by a sequence of strong green candles with limited corrections, indicating buyer dominance in the market. The trading volume supports the upward movement, as we observe increased volumes during major upward periods.
Near support: 1.84000 (current price level) Medium support: 1.80000 (area of previous candle accumulation) Strong support: 1.75000 (area of upward breakout) Main support: 1.58422 (lowest point on the chart)
The GTC currency experienced a strong rise today, as its price jumped from levels close to 0.313 USDT in the early hours of August 13 to a peak of 0.518 USDT, before stabilizing around 0.464 USDT by 03:00 on August 14. This represents an increase of more than 60% in 24 hours, according to market reports.
The main driver of this rise comes from a significant influx in trading volume, as trading volume exceeded approximately 1.02 million USDT at 22:00, followed by active trading in the hours that followed. This pattern indicates the entrance of strong purchases, possibly linked to an improvement in the overall sentiment towards the project or expectations for positive developments. Additionally, the temporary breakthrough of the price past the psychological resistance level at 0.5 USDT enhances bullish signals from a market psychology perspective.
Despite a partial pullback after the peak, the chart shows continued upward momentum compared to the previous period where the price was fluctuating around 0.315 USDT. The level of 0.447 USDT can be monitored as the first support currently, while the 0.50 level remains a key resistance that should be watched for re-testing.
The ILV-USDT pair has shown a strong bullish trend with a rise of 68.29% over the past 24 hours. The price movement aligns with high trading volumes, supporting the validity of the trend. Technical indicators clearly lean towards the positive side, with confirmation from RSI indicators and moving averages. However, the appearance of an inverted hammer pattern at the level of 22.805 may indicate a potential short-term correction.
Summary
The overall trend for the ILV-USDT pair is strongly bullish, but there is a possibility of a short-term correction following the significant rise. Traders may consider buying at the specified support levels (21.000 and 20.000) while placing a stop-loss below the level of 19.999. Attention should be given to the resistance level of 22.800 as a potential profit-taking point. Always remember to manage risks wisely and not to invest more than you can afford to lose.