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BROCCOLI714's recent performance is definitely worth paying attention to. From the short-term rebound perspective, the current price is at 0.01965, which is a 58.21% increase from the low of 0.01242 24 hours ago. This upward momentum shows no signs of stopping; the price has found support around 0.019. Although the trading volume appears somewhat weak, there are continuous buyers at the bottom, and selling pressure is gradually easing.
Looking further ahead, it gets even more interesting. The price has increased by 61.33% in 7 days and 52.56% in 30 days, with the bullish fundamentals still intact. Examining the 15-minute K-line chart, the 0.019 level has formed a stable pattern, and the 5-day moving average currently shows no signs of weakening. From a technical perspective, the foundation for a bullish rebound still exists.
Putting these signals together, the washout phase is likely nearly over. If you are confident in this market trend, you might consider gradually building a position. However, risk management is crucial; setting a stop-loss below 0.01926 would be more prudent, allowing room for upward movement toward 0.02063.
Of course, everyone’s opinions differ. If you still have concerns, continuing to observe for more confirmed signals is also completely reasonable.