$OVL š
After a sharp impulsive move from 0.0764 to 0.0856, momentum has cooled into a healthy, controlled pullback. Price is holding above MA(7) and remains comfortably above MA(25) ā a strong sign that buyers are defending structure rather than distributing.
Volume surged on the breakout and is now tapering off during the retrace, forming a textbook impulse ā pullback ā stabilization pattern. As long as price respects the fast moving averages, continuation stays on the table. ā”
šÆ Levels to Watch
⢠0.0799 ā immediate reclaim / intraday resistance
⢠0.0856 ā prior high & supply zone
⢠0.0872 ā extension target on renewed breakout
š” Key Support Zones
⢠0.0725 ā 0.0706 ā pullback base + MA(7)
⢠0.0595 ā MA(25) structural support
ā Strong impulse with a shallow retracement
ā ļø A clean loss of MA(25) would likely shift price into consolidation
Trade smart and manage risk. š

