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$IN 5m: Out of ammunition? 🔥
MACD bullish momentum has experienced a catastrophic plunge (down 157% over the past 5 days)! Although the indicator remains above the zero line, this warning should not be ignored.
The current price is 0.07062, awkwardly just above the trailing stop-loss line at 0.07059, still yielding a negative return compared to the entry price of 0.07107. This "uptrend" is unconvincing, more like a feeble rebound that has stalled.
Key levels: Strong support below at 0.07031; a break below this could significantly increase the risk of trend reversal. To regain bullish confidence, a breakthrough above 0.07223 is needed. Bulls, are you still there? 🤔