Post
$UB
Technical signal
• Bottoming demand force: The price has just appeared a long-stumed green candle that strongly broke out from the bottom. The trading volume (Volume) at this candle skyrocketed, confirming that there was a large cash flow participating in pushing the price.
• Short-term structure: The price has cut up and is above two short-term moving averages MA5 () and MA10 (), shifting the state from bear to short-term recovery.
• Upper resistance: The main trend slopes down with the upper MA bands (MA20 at and MA30 at ) acting as strong resistance areas.
Strategy: Buy scalping (Scalping) eat the wave, do not hold long-term due to the big trend reversal.

Ansvarsfriskrivning: OKX Orbit-innehåll tillhandahålls endast i informationssyfte. Läs mer
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