$UB Decent bullish reversal.
The price was in a downtrend, but at the bottom buyers managed to form a strong support zone (green order block). From it, the price formed a local bullish reversal (CHoCH at the $0.075 level), and then confirmed the strength of the bulls by breaking the local high (BoS at the $0.09 level).
EMA 200 (blue line) is right above the current price—at the $0.10939 level—acting as the main ceiling and resistance for this pump.
The resistance zone is a bearish order block—a wide red range $0.13600–$0.148 at the very top of the chart (the zone of a previous strong cascading distribution from which the price was pushed down).
The price was in a downtrend, but at the bottom buyers managed to form a strong support zone (green order block). From it, the price formed a local bullish reversal (CHoCH at the $0.075 level), and then confirmed the strength of the bulls by breaking the local high (BoS at the $0.09 level).
EMA 200 (blue line) is right above the current price—at the $0.10939 level—acting as the main ceiling and resistance for this pump.
The resistance zone is a bearish order block—a wide red range $0.13600–$0.148 at the very top of the chart (the zone of a previous strong cascading distribution from which the price was pushed down).