$Q is putting in some interesting work on the hourly. We had that massive pump from the $0.0122 floor, but the momentum hit a wall at the recent high. Right now, we are seeing some sideways consolidation around $0.0145. It’s a classic battleground area. If the bulls can hold this level and build a base, we might see a second squeeze to break that $0.0153 ceiling. Volume is still looking decent at 9.58M, but I’d like to see more buying pressure before getting too excited. If this level fails, I'm looking at the $0.0134 area for a potential bounce. Just watching the tape for now.
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Did everyone just miss that $0.0153 rejection?
$Q is putting in some interesting work on the hourly. We had that massive pump from the $0.0122 floor, but the momentum hit a wall at the recent high.
Right now, we are seeing some sideways consolidation around $0.0145. It’s a classic battleground area. If the bulls can hold this level and build a base, we might see a second squeeze to break that $0.0153 ceiling.
Volume is still looking decent at 9.58M, but I’d like to see more buying pressure before getting too excited. If this level fails, I'm looking at the $0.0134 area for a potential bounce.
Just watching the tape for now.
#JoinGrowthPointsDrawToWinGoldenBar