A nice upward breakout has appeared on the 4-hour chart, with bullish momentum clearly building up. The price is currently retesting the 0.1215 level—there was a period of minor consolidation here before, making it a key support zone.
**My trading idea:** Go long if it holds above 0.1215, with a stop loss at 0.1048. The first target is 0.1466, and if the momentum is strong enough, 0.1716 is also possible.
Technically, this is a classic breakout and retest confirmation pattern. As long as this support holds and a reversal candlestick signal appears, we can basically confirm the uptrend is likely to continue.
Risks are clear: if it drops below 0.1048, this setup is invalid. Stick to strict stop loss—don’t gamble.
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NftRegretMachine
· 18h ago
The position of 0.1215 does have to be seen, but I still think that the rebound of this kind of small currency is easy to be smashed
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NFTFreezer
· 12-05 13:37
The 0.1215 level feels a bit shaky; we'll have to see if it can hold.
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GateUser-3824aa38
· 12-05 04:10
I'm also watching the 0.1215 level, just worried that it might drop further when it pulls back.
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HypotheticalLiquidator
· 12-05 04:10
Once 0.1048 is broken, it's going to trigger a chain of liquidations. Don't be fooled by this rebound.
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ThesisInvestor
· 12-05 04:08
The 0.1215 level is indeed worth watching; it just depends on whether it can hold.
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UncommonNPC
· 12-05 04:05
The 0.1215 level is indeed interesting, but I'm more concerned about whether it can really hold above it.
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TradFiRefugee
· 12-05 03:55
Defend the 0.1215 level at all costs, otherwise you'll be catching a falling knife.
#比特币对比代币化黄金 ⚡ $RECALL This move is worth keeping an eye on.
A nice upward breakout has appeared on the 4-hour chart, with bullish momentum clearly building up. The price is currently retesting the 0.1215 level—there was a period of minor consolidation here before, making it a key support zone.
**My trading idea:**
Go long if it holds above 0.1215, with a stop loss at 0.1048. The first target is 0.1466, and if the momentum is strong enough, 0.1716 is also possible.
Technically, this is a classic breakout and retest confirmation pattern. As long as this support holds and a reversal candlestick signal appears, we can basically confirm the uptrend is likely to continue.
Risks are clear: if it drops below 0.1048, this setup is invalid. Stick to strict stop loss—don’t gamble.
$ZEC $BOB