MOBILEUSD Daily Chart Analysis
Timeline of Events:
• February 2024: MOBILEUSD launched on Coinbase.
• March–October 2024: The coin entered a prolonged downtrend.
• November 2024:
o Found support and consolidated sideways.
o Increased volume at the end of the month pushed the price to resistance, supported by the 20-day EMA.
• December 2024:
o A surge in volume led to a +149% breakout, confirming the sideways movement as an accumulation phase and signaling a potential uptrend.
Current Market Dynamics:
• The price has retraced and is testing support at the 20-day EMA.
• The MACD indicator remains in bullish territory, suggesting continued upward potential.
Trade Details:
• Entry Price: 0.001430
• Stop-Loss: 0.001093 (-23.57%)
• Target Price: 0.006597 (+361.33%)
• Risk-Reward Ratio: 15.33:1
Analysis Summary:
MOBILEUSD is at a critical juncture, with the 20-day EMA acting as support. The MACD’s bullish position and the recent breakout suggest the potential for another strong rally if the price bounces off the EMA.
Timeline of Events:
• February 2024: MOBILEUSD launched on Coinbase.
• March–October 2024: The coin entered a prolonged downtrend.
• November 2024:
o Found support and consolidated sideways.
o Increased volume at the end of the month pushed the price to resistance, supported by the 20-day EMA.
• December 2024:
o A surge in volume led to a +149% breakout, confirming the sideways movement as an accumulation phase and signaling a potential uptrend.
Current Market Dynamics:
• The price has retraced and is testing support at the 20-day EMA.
• The MACD indicator remains in bullish territory, suggesting continued upward potential.
Trade Details:
• Entry Price: 0.001430
• Stop-Loss: 0.001093 (-23.57%)
• Target Price: 0.006597 (+361.33%)
• Risk-Reward Ratio: 15.33:1
Analysis Summary:
MOBILEUSD is at a critical juncture, with the 20-day EMA acting as support. The MACD’s bullish position and the recent breakout suggest the potential for another strong rally if the price bounces off the EMA.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.