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$1000XEC This bullish candle smashes the shorts’ faces. In 24 hours, it runs from 0.0056 to 0.0072, with volume exploding to 79M. The daily chart directly pierces through the 0.0065 prior high resistance. Don’t tell me anything about fundamentals—purely technical. This is textbook-level contraction-then-pullback followed by a breakout on expanding volume. Yesterday’s low at 0.0056 perfectly lands on the upper edge of the dense volume zone at 0.0055-0.0058—so precise it’s ridiculous. On the 4-hour chart, MACD forms a second bullish crossover with the histogram opening above the zero line; RSI jumps to 68 and still hasn’t entered overbought. The price-volume structure is healthy enough to make you want to curse.
The key game point now is the 24h high at 0.0072. If today’s close can hold above 0.0070, the next target is directly in the 0.0078-0.0082 range—that’s the lower edge of the dense positioning zone from last December. But if attempts to push above 0.0072 fail two times in a row, watch out for long profit-taking to flood out. Then this could pull back to 0.0064-0.0066 to form a second pivot.
Trading advice: around 0.0069, enter with a 20% position as the starter, then add to 40% after breaking above 0.0072. Place the stop-loss below 0.0063. Take profit in two stages: sell half at the first target 0.0078, and fully exit near 0.0085. Don’t take positions too heavily—after all, BTC is still ranging, and altcoins tend to follow down but not jump up.
One more thing: the turnover rate from this rally isn’t high. If tomorrow volume shrinks and it chops sideways at 0.0068-0.0071, then chances are the main force is washing positions—you can continue holding. But if it suddenly dumps with heavy volume and breaks below 0.0064, don’t hesitate—just run.
I usually trade on the right side, focusing on breakouts and pullbacks. I like coins with clear structure. Same old rules—drop a follow; if I see similar signals next time, I’ll post again. Time to vote: do you think $1000XEC can reach 0.008 this week? Comment and place your bet.