$NAORIS is showing powerful bullish momentum, up +13% to 0.03541 and achieving a critical technical milestone: a clean break and hold ABOVE the MA(50) at 0.03124. This signals a potential trend reversal from bearish to bullish, backed by strong volume and sentiment.
📈 BULLISH BREAKOUT SIGNALS:
· MA(50) Breakout: Price is trading 13% above the MA(50), confirming a shift in medium-term momentum. · Strong Bullish Sentiment: L.S. Ratio is 1.73 (63.33% Longs) – the majority is confident in this uptrend. · Positive Momentum: Daily MACD is POSITIVE (0.00124) and rising, a clear buy signal. · Volume Support: 184M volume vs 143M MA(5) – 28% higher than average, confirming the breakout.
This is a textbook breakout play. The coin has broken a key resistance level (MA50) and is now looking to rally towards the next targets.
🎯 FORECAST: LONG ENTRY (Breakout Retest & Continuation)
The ideal play is to buy a potential retest of the former resistance (now support) around the MA(50) level, or join the momentum on a pullback.
· Entry Zone 1 (Retest Play): 0.0325 - 0.0335 (Near the MA50 support) · Entry Zone 2 (Momentum): 0.0345 - 0.0355 (Current levels on minor dip) · Take Profit 1: 0.0372 (24h High) · Take Profit 2: 0.0410 - 0.0485 (Next resistance levels) · Stop Loss: 0.0305 (Below the MA50 and recent swing low)
⚠️ Note of Caution: The RSI(6)at 73.8 is overbought in the short term, suggesting a pullback to the entry zones is likely and healthy. This is not a signal to chase, but to plan an entry on weakness.
Breakouts are where trends are born. With the MA(50) conquered and bulls in control, the path of least resistance is now UP.
Trade $NAORIS / USDT Now! Follow for Trend Updates! 🔔✅
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