$ARIA Follow the long side. Many people think the chart is weakening, but I believe the logic to go long from this position may still hold. Although the overall daily chart background is bearish, the four-hour level long structure is still effective. Right now, the price has shown clear reaction in the range of 0.02658 to 0.02694. On the 15-minute timeframe, the RSI has reached 75; as long as the buy-side can hold the line, there may be more upside room. Also, the 15-minute trading volume has surged by nearly 4 times, indicating real buyer capital is participating. You can watch for entry positions near 0.02658 to 0.02694, and look for partial adds toward 0.028 to 0.03. Since the daily outlook is bearish, if it breaks below around 0.025, watch your stop loss. Don’t chase too aggressively—manage the risk.

ARIA20.16%
View Original
post-image
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