Overall Trend
Current price: $0.6022 (+1.45%)
Strong bullish reversal after extended downtrend
Price breaking above 200 MA ($0.4438)
Clear higher lows formation since October
Support and Resistance Levels
Resistance:
Major: $0.6500 (previous structure)
Immediate: $0.6200
Psychological: $0.7000
Support:
Critical: $0.5500
200 MA: $0.4438
Strong: $0.4000 (previous consolidation)
Technical Indicators
RSI (14):
Currently at 69.95
Approaching overbought but still bullish
Strong momentum confirmed
MACD:
Bullish crossover
Positive histogram expanding
Strong bullish momentum
Pattern Analysis
Clean breakout from accumulation zone
Higher lows forming clear uptrend structure
Volume increasing during breakout phase
Previous resistance zones now acting as support
COMBO shows strong bullish momentum after extended downtrend. Key is maintaining above $0.5500 support. Consider buying pullbacks rather than chasing current price. Use tight stops below recent support levels.ShareRewrite