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Hxlaw
Hxlaw
$ALLO • Potential support area (Entry): Should not buy at the current price ($0,42885). Please patiently wait for the price to adjust (pullback) to around the area of $0.3000 - $0.3100 (near the MA5 line) or deeper than the area of $0.2400 - $0.2500 (the old peak that has just broken + MA10) to have a safe position. • Take Profit (Take Profit): If the correction is successful, the short-term target will be to recheck the old peak at $0.4660. If the buying force continues to maintain with large volume, the next target may be towards $0.5000 - $0.5500. • Risk management (Stop Loss): Stop loss absolutely if the closing price of the 4-h candle breaks through the $0.2000 area (where large MA lines such as MA20, MA30, MA60 are converging as a support). Advice: The trading volume (Volume) spike shows that a large cash flow has entered, but the current candle is appearing above the candle. Wait for the clear adjustment on the smaller frame (1h or 15m) before disbursing.

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