Youâre on a roll for huge profits, but in the fast-paced world of trading, FOMO (fear of missing out) could be your biggest enemy! đš Letâs take a deep dive into the currencyâs current movements and determine where your golden opportunity could be⊠and where you need to beware of devastating liquidations! đ±
đ± Let me explain the details based on the graphs and the filter map.
đ Analysis of filter areas based on images:
đŽ First image (7-day filter map):
The image shows that the current price around 0.000957 is a dangerous area for traders using high leverage. The areas around 0.0008308 to 0.0010364 are filled with positions with leverage ranging from 5x to 50x.
- Important analysis: If the price breaks these areas, we may witness a large liquidation of short positions.
đ Second image (one-day filter map):
This chart shows a large sell-off at the current price around 0.000955, indicating a potential mass sell-off if the price moves above or below these areas. The 0.0009516 level is crucial and could lead to a large market move.
đĄïž Heat map (third image):
The heat map shows the trading activity over the past month. The price has been rising rapidly, reaching 0.001036. But it is very important to pay attention to the strong support areas between 0.000672 and 0.000917.
- Key point: Holding above 0.00078 will keep the bullish momentum going, but breaking this support could lead to a strong correction.
đ Neiro's next target: $0.001293
Based on technical analysis and filtering, the next target is $0.001293. This area is considered an ideal selling point, but reaching this target depends on maintaining the support at $0.00078.
- If this support is broken, we will see a deep correction that may take the price to $0.0003! So, don't give in to FOMO and make sure to make smart decisions based on technical analysis.
đĄ My advice:
- If you are planning to buy: Watch the $0.00078 level carefully. If it holds with an hourly candle closing above it, it is a strong indication of the continuation of the rise.
- If you want to make a profit: Consider selling at $0.001293.
- The next correction: Do not rule out a major correction after reaching the target, prepare for the next opportunity at $0.0003 levels if a decline occurs.
đš The market moves fast, don't let FOMO lead you to make rash decisions. Follow the market intelligently, and prepare for the next moves carefully! đŻ
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