The market can stay quiet for days and then change character in a matter of hours.
That is the feeling developing again.
ROUTE is currently around 0.0001149 and has gained 7.89 percent over the last 24 hours. A move like this puts the token back on the momentum radar, especially while broader crypto liquidity and speculative activity are increasing.
The interesting part is what happens after the initial move.
A strong coin does not necessarily need to continue straight upward. Sometimes the healthier signal is a controlled pullback into support followed by another attempt higher.
For ROUTE, the first zone I am watching is 0.000108 to 0.000112. That area becomes important because a successful defense would show that buyers are willing to step in below the current price.
The wider market is also giving traders more to watch. Bitcoin dominance has recently moved lower over the seven day period while whale trading remains elevated across the crypto market. That combination can create opportunities, but it can also create violent reversals.
EP: 0.000112 to 0.000116
TP1: 0.000125
TP2: 0.000137
TP3: 0.000155
SL: 0.000105
The next major signal for ROUTE is simple. Hold support, build volume and reclaim resistance.
If those conditions appear together, the chart becomes much more interesting.
I am ready for the move, but risk control comes first.
#Fed policy signals and data releases
