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#1000XEC $1000XEC 15m It keeps surging again. Current price is $0.00585, up 13.11% in 24h.
For this kind of market, first look at the levels. The short-term move is still progressing with the trend, but the faster it gets, the more you need to watch for a pullback.
On risk: currently 56% of people are shorting, and 44% are going long. For a retracement, you’ll need to see whether the downside can hold.
I’ve posted both charts below: the first one for the level analysis, and the second one for the web chart’s K-line.
First, watch $0.006026; below, check whether $0.005704 can be supported.