๐ $DRIFT โ 4H Chart Analysis
DRIFT just flipped the script with a sharp trend reversal and strong bullish momentum ๐ฅ
๐น Structure Change:
Price formed a clear bottom around 0.148, followed by a powerful V-shaped recovery. This marks a shift from downtrend โ bullish continuation.
๐น Moving Averages:
DRIFT is now trading above MA(7), MA(25), and MA(99) โ a strong bullish alignment on the 4H timeframe.
๐น Momentum Move:
Price expanded from 0.147 โ 0.1908, showing aggressive buyer interest. Current consolidation near 0.185 looks healthy after the impulse.
๐น Key Levels to Watch:
Immediate Support: 0.176 โ 0.172 (MA7 / retest zone)
Strong Support: 0.162 โ 0.165 (MA25 & MA99 confluence)
Resistance: 0.191 โ 0.200 psychological level
๐น Volume Confirmation:
Massive volume expansion during the breakout confirms real demand, not a low-liquidity spike.
๐ก Bias:
Holding above 0.176 โ continuation toward 0.20+
Losing 0.162 โ deeper pullback, trend weakens
๐ Conclusion:
DRIFT is showing strong bullish reversal strength on the 4H. Pullbacks into support may offer better risk-to-reward entries.
โ ๏ธ Not financial advice. Always manage risk.
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