XAUT is moving up nicely after bouncing off the bottom at 4,642 👀📈
The price is now near 4,710, which is a super sensitive zone because it touches the upper limit of the Bollinger Bands 😬
This means the market has hit a potential resistance level, and we might see some serious tug-of-war here.
What’s more interesting is that there’s a clear sell pressure in the orders, exceeding 69%, indicating that sellers are trying to halt the rise at these levels 👀
The critical support right now is at 4,680, and as long as the price stays above it, the outlook remains relatively positive.
However, a real breakout above 4,710 could open the door for a new wave of upward movement 🔥
#marouan47 #BinanceOnline #ClarityActDraft $XAUT $MITO $SAGA