ALTCOIN MARKET OVERVIEW
from the CryptoPrime team 07/17/2024:
#marketoverview#Web3#token
Volume - 118 million/24 hours
The coin began to roll back after a resistance retest. I assess this movement as a correction with a manipulative goal to remove liquidity from the formed levels and test the imbalance at 7.200.
From this price I am considering a#LONGposition with a stop at the current minimum of 6.700
Volume - 118 million/24 hours
The price marked two bottoms and broke the downward trend and grew in the channel.
I left without a support test.
I'm waiting for the channel to break out in#SHORTfor a support test. If there is a breakdown, I will enter a position up to around 1.500
Volume - 48 million/24 hours
After the increase, the price entered a range between 1.400 - 0.1500. Interesting range between two round numbers. If they keep the price in the range and begin to actively push it up, I will enter#LONGfor a breakout of the flat
Profit to everyone!!!
