- I expect the price to continue its bullish momentum, but a pullback toward the 0.1204-0.098 support zone is likely before the next leg up.
Ideal scenario: Wait for price to dip to strong support, show reversal signs, and then enter long toward 0.16847, 0.25000, and potentially the swing high at 0.38888.
- If price fails to hold above 0.098 and breaks down to 0.07381 with no bullish reversal, reassess-trend could shift or consolidate deeper.
- If price surges directly above 0.25000, look for a continuation move with a pullback entry on confirmation.
This is not investment advice, just an educational analysis. Always use your own risk management and trade at your own discretion!
It’s planning to start reversal in between 0.13-0.18$ and then it could reach 0.5-0.7$ in long term hold $SOMI raised 20% so far #SOMIUSDT #USNFPBlowout
Independent strength showed up despite a weak tape, with volume expansion driving a sharp move on $ALLO .
A 60% jump in trading activity fueled the push, likely aided by a relief bounce after a prolonged drawdown. Holding above $0.0950 keeps $0.100 in focus, while a loss there risks slipping back into the broader downtrend. $IN $FUN #ALLO #USNFPBlowout
$INIT is showing classic post-spike behavior: volatility, consolidation, and indecision. Traders are watching whether momentum stabilizes for another push higher, or if sellers drag price back into the lower demand zone.
Is $INIT setting up for a second leg higher, or was the recent spike just a blow-off before retracement...
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