LONG #MOCA USDT from $0.1618 stop loss $0.157

5m TF. The coin is actively traded. Buyers are showing strength and pushing the price up, despite the overall decline in the cryptocurrency market. A strong resistance zone has formed, to which the price is returning for the fourth time. Liquidity in the form of seller stop orders has accumulated above the upper boundary of this zone. I expect an impulsive breakout of the zone after local trading close to it. It is worth entering when the activity in the order book increases and the flow of orders accelerates.

Open a deal 👇