Okay, who just bought the entire dip on $F ? Because I see you.
This chart was looking rough a few hours ago, making new lows down at 0.01077. Everyone was bearish, but that volume down there was the first clue. Now look at that full reversal candle. That's not retail buying, that's a serious reaction at a key psychological level, probably trying to trigger a short squeeze. We are battling the 0.0126 level right now, which is a big line in the sand. If we can get a sustained move and a close above 0.013, the next resistance is the 24h high at 0.01366. The trade is simple: maintain the momentum above 0.012. If we fail here, we retest the bottom. But right now, the bulls are definitely talking.
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Okay, who just bought the entire dip on $F ? Because I see you.
This chart was looking rough a few hours ago, making new lows down at 0.01077. Everyone was bearish, but that volume down there was the first clue.
Now look at that full reversal candle. That's not retail buying, that's a serious reaction at a key psychological level, probably trying to trigger a short squeeze.
We are battling the 0.0126 level right now, which is a big line in the sand. If we can get a sustained move and a close above 0.013, the next resistance is the 24h high at 0.01366.
The trade is simple: maintain the momentum above 0.012. If we fail here, we retest the bottom. But right now, the bulls are definitely talking.
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