2Z has formed a bullish engulfing pattern at a key support level, which often indicates a potential reversal in price. From a technical perspective, the MACD has already formed a golden cross, and the momentum indicator is beginning to release positive signals. If it can effectively break through in the subsequent period, the target price is around $0.138. However, there's an old trading adage that remains very relevant—trend is your friend until it changes direction. The upward trend is still in place, but it's always wise to stay cautious. For those with a long position strategy, this level is definitely worth paying attention to.

2Z-0.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned