BROCCOLI714's recent performance is quite interesting. The trading volume on the 30-minute candlestick chart has surged by 161.2%, and such anomalies rarely occur without reason.



From a technical perspective, the price is currently hovering around 0.01829 USDT. The support level below is at 0.01782, which is only about 4.25% away from the current price. Looking upward, the resistance is near 0.01866, very close, with only 0.27% distance.

In simple terms, the price is now sandwiched between support and resistance, indicating a consolidation phase. This is when patience is most tested—rushing to buy in could result in being caught at a high; being too conservative might cause missing the breakout point.

Interestingly, the sharp increase in volume often signals large funds are positioning. Experience shows that after such a situation, the market usually starts to move. However, whether it moves up or down still needs to be judged in conjunction with other indicators.

Short-term strategy suggestion: continue observing and consider entering only when the price approaches support or resistance levels. This can improve the win rate. Keep a close eye on BROCCOLI714's subsequent movements; the opportunity might be within these few candlesticks.
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
  • 4
  • Repost
  • Share
Comment
0/400
AlphaLeakervip
· 17h ago
Trading volume skyrocketed by 161%, the buying momentum is quite intense, it feels like it's about to explode.
View OriginalReply0
retroactive_airdropvip
· 17h ago
161.2% of the transaction volume, what the heck... Big funds are probably about to start moving, right?
View OriginalReply0
liquidation_surfervip
· 17h ago
161.2% of the transaction volume, this must mean someone is buying madly. It’s hard to tell whether it’s about to crash or take off.
View OriginalReply0
GasGasGasBrovip
· 17h ago
Trading volume soars by 161%? What are these big funds up to? It feels like a breakout is imminent.
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)