Trading volume cooperates with MACD expansion, RSI is overbought but momentum is still there, a typical trend continuation pattern, waiting for a pullback confirmation.

View Original
CryptoSat
$USELESS — Not useless anymore

Just exploded nearly 40% today, and the interesting part is not the pump itself… it’s where the price stopped.

After spending weeks compressed near the bottom range, price ripped through MA7, MA25, and MA99 with aggressive momentum and expanding volume. Now it’s testing the most important zone on the chart:

👉 MA200 + horizontal resistance at 0.077 – 0.079

This is where trends either die… or fully reverse.

What’s important right now is that buyers are still defending the breakout zone instead of instantly dumping it. Strong trends usually pause and consolidate before continuation.

Current Structure
• Nearly 40% gain today with strong volume participation
• MACD showing aggressive bullish expansion
• RSI overheated, but momentum still intact
• Price reclaimed major moving averages after months of weakness

Support: 0.068 – 0.065
Major Resistance: 0.077 – 0.079

If price holds this breakout region and volume continues building:
👉 0.095 becomes the next target
👉 Momentum continuation could push it toward 0.13

Healthy consolidation above support would only strengthen the structure further.

Right now, this is no longer behaving like a dead chart.
Momentum is back, and the market is finally paying attention.

#GateSquareMayTradingShare
repost-content-media
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned