$AIOT has surged to 0.0614 in the 30-minute timeframe.
This level has just crossed above the 11-day high.
๐ Although the volume has expanded by 4.89 times, the moving averages aren't fully aligned yet.
The price is 15.76% away from the EMA144, making chasing the highs not very cost-effective.
๐ While local momentum is expanding, the overall structure still resembles a consolidation game.
Donโt rush to pick a side; the chart hasnโt given a clear directional signal yet.
๐ The key is to keep an eye on the moving average support around 0.0536.
Letโs see if it can hold.
Trading Plan (Long):
Entry: 0.061350 โ 0.061534
Stop Loss: 0.053451
First Target: 0.073428
Second Target: 0.081418
Third Target: 0.093404
Why choose this setup?
โข Volume has increased by 4.89 times, validating the funds' behavior
โข EMA144 support is at 0.053559; if it breaks, we stop loss, clear logic
โข RSI at 73.1, momentum is still expanding
โข First time above the three moving averages, confirming the trend entry, stop loss below the moving averages
โ ๏ธ N.F.A. For reference only.๐๏ธ
#BTC #ETH $BTC $ETH
This level has just crossed above the 11-day high.
๐ Although the volume has expanded by 4.89 times, the moving averages aren't fully aligned yet.
The price is 15.76% away from the EMA144, making chasing the highs not very cost-effective.
๐ While local momentum is expanding, the overall structure still resembles a consolidation game.
Donโt rush to pick a side; the chart hasnโt given a clear directional signal yet.
๐ The key is to keep an eye on the moving average support around 0.0536.
Letโs see if it can hold.
Trading Plan (Long):
Entry: 0.061350 โ 0.061534
Stop Loss: 0.053451
First Target: 0.073428
Second Target: 0.081418
Third Target: 0.093404
Why choose this setup?
โข Volume has increased by 4.89 times, validating the funds' behavior
โข EMA144 support is at 0.053559; if it breaks, we stop loss, clear logic
โข RSI at 73.1, momentum is still expanding
โข First time above the three moving averages, confirming the trend entry, stop loss below the moving averages
โ ๏ธ N.F.A. For reference only.๐๏ธ
#BTC #ETH $BTC $ETH