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CNS Analysis for 9 Nov 2025

2025-11-10

CNS price action over the 24-hour window shows an extended consolidation around the 0.00273-0.00300 corridor, breaking above the 0.00350 level at 16:00 UTC. This breakout is matched by a dramatic volume surge (˜2,200 units) and a sharp upturn in price momentum, indicating a shift toward bullish bias. Prior to the move, periods like 08:00-10:00 and 12:00-14:00 operated with moderate volumes (˜200-600) and narrow price swings, reflecting a tight trading range.

Volume patterns reinforce the breakout narrative: the spike at 16:00 is the strongest of the day, followed by a secondary acceleration at 21:45 (˜1,030 units). Momentum indicators implied a sustained upward bias until 18:00, when trading rhythms returned to a more oscillatory behavior around the 0.00355-0.00358 band. High 1-minute swings during the 16:15-18:30 segment suggest increased volatility and short-term risk of whipsaws.

Key support resides near 0.00273, while resistance hovers around 0.00358. The price has repeatedly tested these levels, with recent pullbacks to 0.00353 and 0.00351 before resuming upward moves. Traders observing the hourly curves should monitor volume spikes for confirmation of price breaks, and be wary of rapid session-end volatility that can compress earlier support levels.


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