It seems like the volume does not agree with the price being uplifted. The whales have already bought this coin. The RSI Seems in Overbought region. It warns of potential dump after it reaches its recent high
Looks like Loom is manipulated. Currently, Even in 1hTF there is a strong bullish divergence but I still don't trust it. For those who suggest Long should never ever give signals as, there were warnings already circulating about the Loom.