Whether it can rise above 34.45 is the key

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(WNXMUSDT chart)

(1M chart)
The key is whether the price can be maintained above the volume profile of 22.39.

(1W chart)
It remains to be seen whether the price will hold above 22.39-25.25 and then rise above 46.0, leading to an attempt to create a new wave.

Currently, 150EMA is passing in the 34.45-46.00 section, so it is necessary to check whether the price can be maintained by rising above 34.45.

However, since the StochRSI indicator is located in the overbought zone, if it fails to rise above 34.45, you should check if it finds support around 22.39-2.25.

(1D chart)
Unlike the 1M chart and 1W chart, the StochRSI indicator on the 1D chart has entered the oversold zone.

Therefore, the key is whether it can rise with support in the 29.67-32.59 area when it exits the oversold area.

If not, you need to make sure it is supported around 27.60.

If it rises above 35.75, it corresponds to the soaring section up to 46.0 or 55.54.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.


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