The market is showing a clear uptrend supported by strong buyer movement.
Candlestick and price explosions meanings🔥
On November 25th at 21:00 👈
A candle with a long lower tail appeared at the 91,400 level, indicating strong support at this level.
On November 27 at 15:00 👈
The price breakout was driven by a large trading volume of 101.4 coins in a single trade, reflecting the strength of buyers.
Technical indicators:🔥
Moving Averages: The short-term moving average crosses above the long-term average, forming what is known as
With the "golden cross", which is a strong bullish signal.
Important levels:🔥
Current Resistance: The key level to watch is 96,500.
Next target: If the resistance at 96,500 is broken, there is a possibility of targeting the 98,000 level.
Recommendations for investors:🔥
Maintain a cautious, optimistic outlook on the market.
Focus on breaking the 96500 level and the extent to which trading volume supports this break to ensure the continuation of the upward trend.
Conclusion:👌
The market is moving strongly upwards, and the technical levels indicate strong momentum. Investors should watch for resistance.
96,500 closely and make sure there is support from trading volume before making new investment decisions.
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