BUILDon (B) Explodes 55% in 24 Hours, Is $0.74 the Next Stop?
The post BUILDon (B) Explodes 55% in 24 Hours, Is $0.74 the Next Stop? appeared on BitcoinEthereumNews.com. BUILDon (B) rocketed roughly 55% on Monday, smashing through the 0.786 Fibonacci level at $0.60 and reigniting the case for a sprint toward the $0.74 open high. The Daily Relative Strength Index (RSI) flipped back into bullish territory, while the 4-hour structure carved a clean ascending channel. Both timeframes now point to the same question, namely, how far the next leg can extend. BUILDon Daily Chart Confirms Bullish Breakout The Daily B/USD chart on MEXC shows BUILDon clearing the 0.5 Fibonacci retracement at $0.40 and pushing above the 0.786 level at $0.60. The single-session expansion lifted the token to around $0.63 at the time of writing. The next upside target sits at the open high near $0.74, which also marks the 1.0 Fibonacci extension. However, in the case of a pullback, the 0.618 Fibonacci level at $0.48 stands as the first key support. B daily chart / Source: Tradi