Long
KUJI/USD - At Critical Resistance? Can it go to $2?
KUJI had a fantastic rally in the past two weeks, but the price has reached a critical level.
I expected the resistance at $1.3 to hold down the price, but it seems bulls pushed it to $1.5.
Would be surprised to see it pump more at this time without a pullback.
If buyers somewhat manage to hold this price here, then the next target is $2.
Taking some profit here if you swinged this since 60 cents is not a bad idea.
Either way, KUJI remains a strong hold in the coming bull market. So if you plan to play this long term (6-12 months), best to hold tight.
Bias remains bullish overall.
Like and follow for more ideas!
I expected the resistance at $1.3 to hold down the price, but it seems bulls pushed it to $1.5.
Would be surprised to see it pump more at this time without a pullback.
If buyers somewhat manage to hold this price here, then the next target is $2.
Taking some profit here if you swinged this since 60 cents is not a bad idea.
Either way, KUJI remains a strong hold in the coming bull market. So if you plan to play this long term (6-12 months), best to hold tight.
Bias remains bullish overall.
Like and follow for more ideas!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.