#Melos has broken out of its long-standing sideways movement and shows potential for climbing to higher levels. Currently, it's approaching the resistance around 0.00335, and if this level is surpassed, a move towards the upper resistance zones of 0.0055, 0.0065, and 0.0075 seems possible. On the downside, the 0.0014-0.0015 range can be monitored as a strong support level. At this point, tracking volume and momentum will be critical in determining the sustainability of the upward move.
Wishing everyone profitable trades! đ
