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After this pump of HOLO, it has started to pull back.
The current price is in the range of 0.099 to 0.100, which is relatively stable—holding above MA25 and MA99 (around 0.098 and 0.092), and just grinding below MA7 (approximately 0.103). This kind of pullback is quite normal, and the bullish trend is still continuing.
If it can break out and stand back at 0.103 to 0.106, then there is a chance to surge to 0.110 or even 0.112 later. Looking down, the range of 0.096 to 0.098 is support, and 0.092 is a strong support zone.
The trading volume has increased compared to before, but it has decreased a bit now. The MACD shows some signs of flattening above the zero line. Short-term bulls currently have the advantage, but a breakout still depends on the accompanying volume.
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Can 0.092 hold? It feels a bit precarious.
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MACD has flattened out, yet still wants to push for 0.112; let’s just dream for now.
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This wave of pullback is quite normal; it just depends on whether we can achieve a higher trade volume breakthrough, otherwise it will be another round of fluctuations.
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As long as 0.098 doesn't break, there's still a chance; if it breaks, we'll have to wait for the next support.
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The decline in volume is a bit annoying; any breakthrough without higher trade volumes is a false breakout.