The chart shows a perfect momentum breakout from the 0.038 zone — followed by a powerful green wave that pushed the price up to 0.07506, marking the strongest intraday rally of the session.
After the peak, the candles are now pulling back toward the short-term MAs (MA5/EMA5), indicating a healthy correction after an overheated run.
🔍 What the Indicators Say: • MA & EMA clusters still bullish — even with the pullback, the moving averages haven’t flipped bearish. • 0.060–0.062 zone is the immediate support where price may stabilize if buyers step in. • The long green run suggests strong-volume buyers triggered the move — the retracement looks like normal profit-taking.
💡 Trading Outlook: • As long as the price holds above the EMA10, the bullish structure remains intact. • A bounce from 0.060–0.062 could open another push toward the 0.070+ range. • If the candle closes below EMA10, expect a deeper cooldown before the next move.
📈 My Opinion: This is a textbook move: breakout → impulse rally → correction. If support holds, another leg upward is very likely. Momentum traders should watch EMA10 closely — that’s where the next direction is decided.
🔥 Market still looks alive.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#PostToWinNIGHT
📊 30m Chart Analysis
The chart shows a perfect momentum breakout from the 0.038 zone — followed by a powerful green wave that pushed the price up to 0.07506, marking the strongest intraday rally of the session.
After the peak, the candles are now pulling back toward the short-term MAs (MA5/EMA5), indicating a healthy correction after an overheated run.
🔍 What the Indicators Say:
• MA & EMA clusters still bullish — even with the pullback, the moving averages haven’t flipped bearish.
• 0.060–0.062 zone is the immediate support where price may stabilize if buyers step in.
• The long green run suggests strong-volume buyers triggered the move — the retracement looks like normal profit-taking.
💡 Trading Outlook:
• As long as the price holds above the EMA10, the bullish structure remains intact.
• A bounce from 0.060–0.062 could open another push toward the 0.070+ range.
• If the candle closes below EMA10, expect a deeper cooldown before the next move.
📈 My Opinion:
This is a textbook move: breakout → impulse rally → correction.
If support holds, another leg upward is very likely.
Momentum traders should watch EMA10 closely — that’s where the next direction is decided.
🔥 Market still looks alive.