$1000RATS
is currently trading around 0.0477, after experiencing a sharp impulse move toward the 0.067 zone, followed by a controlled pullback. Post the peak, price entered a corrective phase, gradually retracing while holding above the prior swing low near 0.038.
Following the decline, price has transitioned into a tight consolidation range, with candles compressing around the mid-0.04 area. This structure reflects post-impulse stabilization, where volatility has cooled and directional momentum has paused.
Volume has notably decreased compared to the expansion phase, suggesting reduced activity during consolidation. Overall, the market is currently balancing after the earlier spike, with price respecting a defined range while awaiting clearer directional intent.