Just a quick note to say that it looks like a nice spot for a short-term trade.
Lumens is just above the 20 DMA.
MACD is just above the supporting trend line of the recent rally in yellow.
RSI is entering oversold.
Keep a careful eye on where the support and resistance are taking place to control risk and lock in any gains (not very specific, but I did say this is a quick note).
Have fun!
*Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
Lumens is just above the 20 DMA.
MACD is just above the supporting trend line of the recent rally in yellow.
RSI is entering oversold.
Keep a careful eye on where the support and resistance are taking place to control risk and lock in any gains (not very specific, but I did say this is a quick note).
Have fun!
*Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*