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- MC:$3.45KHolders:10.00%
- MC:$3.45KHolders:10.02%
- MC:$3.46KHolders:10.00%
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- MC:$3.51KHolders:10.48%
- Pin
The recent trend of the two coins, after experiencing a full round of consolidation, shows that the bearish momentum has been largely exhausted. Market sentiment has shifted from panic to recovery, and funds are beginning to flow back in for positioning.
On the four-hour chart, after the price dipped below the lower Bollinger Band and then quickly rebounded, a classic bottoming and recovery pattern was formed. The closing price firmly stayed above the upper boundary of the consolidation zone, indicating that the short-term bulls have taken full control.
The moving average system shows a bullish alignment, with MA5 and MA10 turning upward successively to form support. As long as trading volume continues to follow through, breaking above the previous high is highly probable. It is an ideal time to go long in line with the trend.
Trading suggestion: Buy near 2800-2740, targeting 2900-2960-3000. If the breakout occurs, continue to look higher; if not, follow the trend accordingly.