The recent trend of APR has indeed been quite strong. Starting from 0.13284 less than 9 hours ago, it has already risen over 7%, now standing around 0.14246.



From a technical perspective, the current dynamic support line is at 0.13248, and the price is firmly above this line. Moreover, the distance has already exceeded twice the ATR, indicating that the buying strength is still good. If it continues upward, the nearest resistance is at 0.14553. Once this level is broken, there should be room for further gains.

For trading, it is recommended to consider the 0.13575 area as a recent defensive position, so you have a clear mind. As long as the trend remains intact, holding on should not be a problem, but be sure to set dynamic take-profit and stop-loss levels, adjusting them as the price moves upward. This way, you can be more secure. The trend is still ongoing, so keep a close eye on it.
ATR-3,16%
View Original
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
  • 3
  • Repost
  • Share
Comment
0/400
ContractBugHuntervip
· 12-29 03:46
9 hours 7%, the buyers still have some strength in this wave, and the defense is solid. Let's wait until it breaks 0.14553 before talking. It's not the time to get excited yet. Set your stop-loss and continue to stay put; don't make reckless moves.
View OriginalReply0
quiet_lurkervip
· 12-29 03:45
A 7% increase in 9 hours, isn't that a bit crazy? This is a direct takeoff, but I'm still a bit worried about the subsequent pullback after such a rapid surge.
View OriginalReply0
DeFiChefvip
· 12-29 03:42
Damn, this wave of APR is really fierce. In 9 hours, 7 points are gone. Gotta hold onto 0.13575.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)