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$ESP Still no bullish momentum yet, be patient.

OWL/USDT shows a very strong price surge with an increase of more than 130% in a short period. The current market structure remains in a bullish trend, as seen from the stable price position above MA5, MA10, and MA30, as well as the ongoing formation of higher highs. Buying momentum still dominates, although the MACD indicator is beginning to show signs of slowing down, indicating a potential consolidation phase or light correction.
The main resistance area is around 0.0223 – 0.0230, which is an important zone to determine whether the price can continue its upward trend or is halted by profit-taking actions. Meanwhile, the nearest support level is at 0.0195, with a healthy pullback area around 0.0180 if a correction occurs.
Overall, the market is still bullish but has entered a volatile phase after the sharp increase.
Traders are advised to pay attention to volume and breakout confirmation before making decisions, and to avoid FOMO-based entries at the top area without valid trend validation. 🚀📉
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We will never give up on $LUNC! Keep HODLING, keep BUILDING, keep STACKING, keep BELIEVING! 💎🤲🏻 #Crypto #LUNC