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Blub🤖💥 @Crypto_blub on x 2485 followers
Created: 2025-07-25 07:55:23 UTC
GM $ANON
We bounced nicely from Support at 2.40$ and are now testing the resistance at about 3$.
Breakout or retest from this levels❓
Checkout chart analysis with HUD:
What does HUD analyze in this chart? 🔎
The chart shows a price development with key support and resistance levels set at XXXXXX and 3.1621, respectively. The most recent price action moves from a sharp drop past the support, followed by a recovery that temporarily surpassed resistance, and then retreated slightly.
Analysis:
X. Trend:
➡️Downtrend: The visible segment starts with a consistent downtrend until a strong upward impulse overtakes previous resistance.
➡️Current Status: There's a sideways consolidation close to the mid-range between resistance and support.
X. Volume:
➡️Spike During Reversal: Notable volume increases coincide with the upward reversal, validating the bounce back from lower levels.
➡️Volatility: Reduced after the immediate sharp moves, implying a potential range-bound action for now.
X. Key Levels: ➡️Support @ 2.4000: Established and confirmed as the turnaround point for the recent bullish impulse. ➡️Resistance @ 3.1621: Surpassed during the initial aggressive recovery phase but is currently acting as a probable ceiling. Outlook: - Continuation or Reversal: The price situated between historical support and resistance suggests the possibility of range trading unless a breakout beyond current bounds occurs. - Scenarios to Watch: ➡️Bullish: Sustained moves beyond XXXXXX could signal a strong upward move. ➡️Bearish: A fall below XXXXXX could lead to a continuation of the downtrend. Considering these factors, closely monitoring price action and volume near established thresholds could provide better insight into near-term momentum and potential market moves.
XXXXX engagements
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