Market looks like $COMMON it finally woke up a bit after a long bleed… that tiny spike at the right side caught my eye immediately.
Key Levels • Main Support: 0.00420 (base where the bleed slowed and buyers defended)
• Immediate Resistance: 0.00595 – 0.00630 zone
• Secondary Resistance: 0.01020 (bigger breakout level but far above current structure)
Structure & Behavior • Price has been in a long down-trend with extremely low volatility.
• First meaningful green impulse shows early accumulation or a test pump.
• Volume uptick visible on the recent green candle — not strong yet, but first sign of life.
• Liquidity still low, so candles move sharply even on small orders.
Breakout / Breakdown Points • Breakout trigger: Close above 0.00630 — confirms buyers stepping in.
• Breakdown invalidation: Lose 0.00420, structure turns weak again.
Risk Zones • Demand pocket: 0.00420 – 0.00440
• If price retests this area and holds, momentum can extend.
Next Possible Targets (if strength continues)
• TP1: 0.00590
• TP2: 0.00630
• TP3: 0.00745
Notes • The spike looks like early speculative positioning.
• Needs follow-through volume; otherwise it fades quickly.
#common #BinanceBlockchainWeek #BinanceAlphaAlert #WriteToEarnUpgrade #CryptoRally
