I'm no technical analyst, but I can understand when a chart is full of the pure BULLA energy, and this one is full of that!
Let's peep the chart before continuing.
(This chart is from poocoin.app. I was randomly sent a telegram DM about their service and decided to try it out. Turns out it's a good way to track just about any BSC based coin!)
It's pretty clear what's going on on the chart. There was a dump at the start of April, and this dump has continued towards the end of April. however, one thing has been a given: The $2.70 area has been an area of strong support, with price not going below it throughout the entirety of the dump. Every time we touch down at that area, there is a bounce, and the latest example of this was no exception.
Now we are roughly back around this area again, and it is obvious we probably take off from here. We are at strong support again, and selling volume is declining significantly.
In fact, for perspective, the last sell off into this level was about 502.9K worth of CUB. This latest one is only 24K worth of CUB, showing that buyers are simply waiting for an opportunity to jump in.
Don't be caught off guard! If for some reason you haven't picked up CUB, try to do so before we absolutely pump this bad boy out of the water!
Thanks for reading!