MAXUSDT trade ideas
$MAX/USDT AnalysisNYSE:MAX is rejecting from the Diagonal Trendline in 4-Hour TF!
🚨 It needs to break the trendline to turn bullish again
✅ Wait for a breakout and retest to consider a long position
🔹 Local Resistance: PWH $0.229
Matr1x MAX price is preparing for an impulseRecently, Matr1x coins were distributed to Jumpstart participants for free.
So, we, like perhaps most of the participants, did not sell our #MAX coins, but are waiting for a price pump)
Now the OKX:MAXUSDT price is in the final part of consolidation, so there will be an impulse .
🔽 A bad scenario is a red scenario and a price movement towards $0.22
🔼 a good option is the blue scenario, at least to $0.67, and ideally to $0.97. There we would definitely sell some of it.
A safe buy is only if and when the #MAXUSDT price is confidently above $0.35
MAX PriceMAX token's buying interest was strong and the token delivered a massive spike in trading volumes which represented the investors optimism for MAX.
MAX/USDT NEW INCREASE VOLUMEMAX/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates start always with interest if there is a confirmation with follow, and if there is a building with hold for a time.
90% of coins this time are not building coins. some % shows also a start fake trend and return back where it did start. time frame confirmation + high levels building is important for a healthy coin.
We are in a main market where panic is active.
When this coin can confirm we will follow it further for trend follow.
This update and all our updates are not trading advice, Trading can always be risky.
Let's hope the best trades for everyone❤️
