Almost nobody is talking about what just did to its market structure.


We just had a massive daily close right at 0.0696. If you look back at that big spike to 0.0800, we’ve basically spent weeks consolidating and washing out the weak hands. This latest candle shows there is some serious buying pressure coming back in.
The immediate resistance is right here at 0.0700. If we can clear that and hold it as support, we are likely heading for a retest of that 0.0800 wick. The volume on this move up is much healthier than the last few attempts.
I’m watching the 0.0630 area for any pullbacks. As long as we stay above that, the trend looks like it wants to continue higher.
Don't ignore the coins that are quietly showing strength while the rest of the market sleeps.

#DeFiLossesTop600MInApril
NOBODY8.28%
HOLD-2.09%
UP-18.26%
post-image
post-image
AXL
AXLAXLOM01
Pump.Fun
MC:$2.46KHolders:0
0.00%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin