There was a solid impulse move to the upside followed by a rejection at the 4H EMA-200, with the price creating a high of 0.1475 before correcting back down. This pullback is viewed as a normal correction following the rally, with the 0.138–0.140 zone acting as very near-term support area. A continuation of the bullish structure will be maintained as long as this support level is held. If price strongly closes above the EMA, then it may initiate further bullish continuation. Therefore, I will be watching for volume to increase, as well as consecutive candle closes for confirmation.
VANRYUSDT
Perp
0.006121
-15.89%
DUSKUSDT
Perp
0.10625
-16.39%
XPLUSDT
Perp
0.1004
-19.68%