DRIFT SURGES ON ORDER BLOCK BREAKOUT ๐๐
The 4โhour chart ripped a tight order block around $0.0205, catapulting
$DRIFT into a rapid 34.47% surge over the past 24โฏhours ๐. Volume exploded to $40.73โฏM, a stark jump over the typical daily average and a clear sign of fresh institutional appetite ๐. Momentum oscillators have vaulted into overbought territory, with RSI perched above 70 and the MACD histogram turning sharply positive, confirming aggressive buying pressure ๐.
The next hurdle sits near $0.02699, aligning with the prior high and a dense supply cluster that has previously absorbed upward thrusts ๐. A breach of that level would likely trigger a cascade of stopโlosses on the short side, propelling
$DRIFT toward the $0.0300โ$0.0320 corridor where liquidity thins and the next order block resides ๐. Even if the rally stalls, the underlying structure remains bullish, with the prior support at $0.01679 now acting as a springboard for future upside moves ๐.
Levels to monitor:
Watching support around $0.01679
Structure suggests resistance near $0.02699
Mid range area: $0.02192
DYOR
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