NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now. If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot)
I consider this price movement taking place inside a parallel flat channel, which now has hit the lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy: 1. Buy around this price range (stop 2-3% below this area) 2. Wait and buy when the price breaks the upper part of the price channel. 3. Opportunity to trade inside this price channel (14% max. profit)
Catatan
NULS 25% up, for the trade inside the channel, on short time frame
Trade aktif
NULS touched again the lower part of the current parallel channel.
Buy @ this price Sell target is set at the upper part of channel Stop around 1usdt.
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