Analysis: Price holds above key support 0.9566 after a 36.94% rally. Bullish continuation confirmed with volume surge (1.53B RE) and RSI momentum building. Break above 1.0680 opens run to 1.1008.
Price rejected 24H high at 0.0005363, now cooling into demand near 0.0005128–0.0004996. Volume spikes confirm accumulation—lower timeframe compression building.
Momentum bullish above MA(5) & MA(10). RSI cooling from overbought, ready for next leg up. 4H structure holds higher lows.
SHARP REJECTION FROM 24H HIGH AT 0.06635. PRICE COMPRESSING INTO MA(5) WITH DECLINING VOLUME. MACD FLATTENING, RSI COOLING FROM OVERBOUGHT. BREAKDOWN STRUCTURE CONFIRMED BELOW 0.06430.
Price reclaims 1.0818 after sweeping 24H low 1.0105. Bullish divergence playing out on RSI with higher lows. Volume surging—1.66M EUL traded, well above MA(5) at 63K. Clear breakout above 4H resistance at 1.0747 now acting as support.
EP: 1.0818 - 1.0827 (Mark)
TP1: 1.0978 TP2: 1.1050 TP3: 1.1250
SL: 1.0600 (below structure)
Risk 2% per trade. Trail after TP1.
Confluence: 7-day +17.79% | 30-day oversold reversal from -15.60%.