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Esam_Trading
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$H is currently oversold on 1D timeframe.
Price is in bullish trend but the one thing that might pause a break to its momentum is the volume. Look at the volume bars, recent swing move had less volume as compared to its previous moves. Not a sustained move from my pov. The level of support below is at 0.3889. It was a less volume supported level, so I’m not interested in that level.
The zone at 0.2-0.27 is an order block and where we had some good volume, which will offer good opportunity if it gives a solid reaction. Overall I would avoid chasing moves where true pct volume is not supporting it.
#HUSDT #humanity
{future}(HUSDT)
Price is in bullish trend but the one thing that might pause a break to its momentum is the volume. Look at the volume bars, recent swing move had less volume as compared to its previous moves. Not a sustained move from my pov. The level of support below is at 0.3889. It was a less volume supported level, so I’m not interested in that level.
The zone at 0.2-0.27 is an order block and where we had some good volume, which will offer good opportunity if it gives a solid reaction. Overall I would avoid chasing moves where true pct volume is not supporting it.
#HUSDT #humanity
{future}(HUSDT)
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