$sdex bought at 0.0024 - What to expect T.A

Jun 2, 2023

Another one in price discovery, #SDEX is the native token of a new DEX that developed a way to farm crypto without impermanent losses. I got the target of 0.0076(ish) since the Fib Fan lacks to measure well above the zero line (dotted) than I tossed a fork and it helps targeting; It needs volume here. Fundamentally, it's a good aquisition if the pink line holds as support; That makes an easy trade because under the pink line, lies a stop loss for who wants to enter at this point. Easy double investiment. The last price action upwards lacking volume, means a few wallets purchased at what they judged to be a bottom, until the next point of resistance, and the price held there for a good while, meaning there is no interest on the buyers who gave volume candles their sizes in April-23 on taking profits there just yet. Observe the strenght of the next pump, I will keep doubling/tripling profits if the trend keeps going. RSI indicates that sideway action may take place for a while between 0.004 and 0.0056