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.
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ContractBugHunter
· 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.
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quiet_lurker
· 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.
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DeFiChef
· 12-29 03:42
Damn, this wave of APR is really fierce. In 9 hours, 7 points are gone. Gotta hold onto 0.13575.
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.