Sometimes the market gives the first warning before the major move.
It starts with a few coins suddenly accelerating. Then the leaderboard begins filling with double digit gains. Traders begin rotating into momentum names, and liquidity starts moving faster across the market.
XEC is showing that kind of strength today.
The screenshot shows XEC around 0.00000811 with a 24 hour gain of 10.18 percent.
The next test is not simply another green candle. The next test is whether buyers can defend the breakout after sellers take some profit.
The first support area I would monitor is around 0.00000785 to 0.00000800.
If that zone holds, the market has an opportunity to build another higher low. A clean move through 0.00000840 could then open the door toward 0.00000880 and 0.00000920.
The structure becomes weaker if price loses the support zone with strong selling pressure.
EP: 0.00000795 to 0.00000815
TP1: 0.00000840
TP2: 0.00000880
TP3: 0.00000920
SL: 0.00000755
The key is patience. A strong market does not mean every entry has to be taken at the top of the candle.
I want to see support survive the first pullback, volume remain active, and buyers return when sellers test the breakout.
XEC has entered the watchlist.
I am ready for the move.
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