$DN 3 long green candlestics making bullish momentum.
Current Price Action Price: $0.1524 (+2.56% 24h) Timeframe: 15-minute candles Range: 0.1435 – 0.1545 Candlestick Patterns Observed Left Side (00:15 – 06:30) — Bullish Push then Reversal Strong green marubozu candles early on → aggressive buying Price hit 0.1545 resistance with a shooting star/doji top → rejection signal Follow-through red candles confirmed bearish reversal Mid Section (06:30 – 09:00) — Downtrend Series of bearish engulfing candles Wicks on top = sellers in control Price dropped to 0.1440 support Right Side (09:00 – 09:45) — Recovery Bullish engulfing candle off the lows Price recovering back toward 0.1524 Current candles show indecision (small bodies) near resistance zone Key Levels Level Type 0.1545 Strong Resistance 0.1524 Current Price / Minor Resistance 0.1492 Mid Support 0.1440 Strong Support Indicators MACD: Bullish crossover forming (DIF > DEA), momentum shifting up MA5 > MA10 crossing up = short-term bullish MA30 (0.1502) acting as dynamic support Bias ⚠️ Cautiously Bullish — Recovery looks promising but price needs to break and hold above 0.1530–0.1545 to confirm continuation. Failure here risks another retest of 0.1440.
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$DN 3 long green candlestics making bullish momentum.
Current Price Action
Price: $0.1524 (+2.56% 24h)
Timeframe: 15-minute candles
Range: 0.1435 – 0.1545
Candlestick Patterns Observed
Left Side (00:15 – 06:30) — Bullish Push then Reversal
Strong green marubozu candles early on → aggressive buying
Price hit 0.1545 resistance with a shooting star/doji top → rejection signal
Follow-through red candles confirmed bearish reversal
Mid Section (06:30 – 09:00) — Downtrend
Series of bearish engulfing candles
Wicks on top = sellers in control
Price dropped to 0.1440 support
Right Side (09:00 – 09:45) — Recovery
Bullish engulfing candle off the lows
Price recovering back toward 0.1524
Current candles show indecision (small bodies) near resistance zone
Key Levels
Level
Type
0.1545
Strong Resistance
0.1524
Current Price / Minor Resistance
0.1492
Mid Support
0.1440
Strong Support
Indicators
MACD: Bullish crossover forming (DIF > DEA), momentum shifting up
MA5 > MA10 crossing up = short-term bullish
MA30 (0.1502) acting as dynamic support
Bias
⚠️ Cautiously Bullish — Recovery looks promising but price needs to break and hold above 0.1530–0.1545 to confirm continuation. Failure here risks another retest of 0.1440.