#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Technical analysis (1 hour) $H /USDT
Current situation: Price ~0.10428 USDT with a sharp increase of +49.33% in a short period (from levels ~0.06-0.07). Strong upward momentum is noticeable with low volume earlier and explosive volume on the rise (from 435M to higher levels).
Indicators:
• Bollinger Bands: Price broke out above the upper band (UP: 0.10327) — a classic signal of overbought and potential pullback.
• MA: MA(5) and MA(10) sharply up, price is significantly above them — bullish trend.
• MACD: Positive (0.00388), DIF line above DEA — bullish momentum.
• RSI: High (6-period ~90, 12 ~87, 24 ~79) — strong overbought, risk of correction.
• Volume (OI): Growth in the uptrend — confirms the strength of the movement.
Signals:
🟢Buy (long): Weak or absent now. Wait for a pullback to support (~0.08-0.09 or average Bollinger ~0.077) to enter for a trend continuation. Aggressive — only with a tight stop if it breaks 0.11.
🔴Sell (short): Strong signal for a short-term pullback/correction due to overbought (RSI >80-90, exiting Bollinger). Target — 0.09-0.095 or below to 0.08. Risk: if the volume holds, the pump may continue.
⚠️Caution: High volatility, possible pump&dump.