🚀 $F : BULLISH MOMENTUM CONFIRMED? 🚀
📊 Current Status: $F trading at $0.85, up 12% in 24h. Market cap: $50M. Volume: $10M, indicating strong interest.
🔍 Technical Analysis:
· Key Supports: $0.75 (strong), $0.70 (critical).
· Key Resistances: $0.90 (immediate), $1.00 (psychological).
· Pattern: Ascending triangle breakout on 4H chart, bullish continuation.
· Indicators: RSI at 65 (bullish, not overbought), MACD positive crossover.
· Moving Averages: Price above 50-day EMA, supporting uptrend.
📰 Catalysts:
· New partnership with leading DeFi platform, enhancing utility.
· Protocol upgrade in Q2, improving scalability and fees.
· Active developer community, driving innovation.
🐋 On-Chain Insights:
· Whale activity: 10% supply moved to cold storage, signaling accumulation.
· Exchange flows: Net outflow of 5M $F, reducing selling pressure.
· Funding rates: Positive, reflecting bullish trader sentiment.
🎯 Personal BULLISH Strategy:
· Entry points 👉: $0.006-$0.83 for optimal risk-reward.
· TP 1: $0.007 (short-term).
· TP 2: $0.008 (medium-term).
· TP 3: $0.009 (long-term).
· STOP-LOSS: $0.0059 to manage downside. DYOR