LOGX Holds Support as Rounded Base Emerges and Price Tests $0.01038 Resistance

LOGX is trading within a tight range of $0.01002–$0.01038, with support holding firm over multiple retests.

A rounded base pattern has developed on the 4-hour chart, indicating structured accumulation over time.

LOGX’s 24-hour volume stands at $175.86K, with a 7.01% volume-to-market-cap ratio, reflecting active market participation.

In recent trading activity, LOGX has begun to draw attention after maintaining structure above a crucial support level. The digital asset, trading against USDT, currently holds at $0.01034, with a slight 1-day decrease of 0.10%. Despite this minor slip, price action remains focused around a key support zone positioned at $0.01002.

Source:(X)

Over the past 24 hours, LOGX recorded a trading volume of $175.86K, with market capitalization at $2.5M. Meanwhile, short-term charts show formation activity that hints at a potential shift. LOGX’s 4-hour chart reveals a rounded base pattern, often associated with accumulation phases in technical setups. This occurs within the $0.0080 to $0.0180 price bracket.

Rounded Pattern Defines Market Structure

Throughout May and June, LOGX formed a clear curved base, with its lowest point nearing $0.0090. This pattern suggests a gradual price recovery. During this phase, downward volume slowed, and price began leveling out within a compact range. Notably, the price recently moved above the lower support zone, where a small base has formed

This zone, marked between $0.01002 and $0.01010, has held firm over several retests. At the top of the current range, resistance stands at $0.01038. The price has yet to break this ceiling despite multiple attempts. Meanwhile, trading remains confined within the $0.01002–$0.01038 corridor.

LOGX Market Holds Steady Near Resistance

While price levels stay in a narrow band, volume dynamics show moderate activity. The 24-hour volume-to-market-cap ratio stands at 7.01%, indicating consistent engagement. Additionally, LOGX has 40.68K holders, according to the latest metrics

Market depth appears stable, with both supply and demand showing balanced order book behavior. Historical dips below the $0.01002 level have quickly rebounded, emphasizing the importance of this price floor. The next trading sessions will likely center around reactions near the upper resistance.

Short-Term Price Zone Holds Market Attention

The short-term structure currently hinges on behavior within the $0.01002–$0.01038 window. So far, price has respected both boundaries. Continued attempts to push above resistance at $0.01038 may define the next phase. Meanwhile, failure to hold the $0.01002 base could shift momentum. As of now, technical patterns and price reaction zones remain the main reference points for traders monitoring LOGX’s immediate direction.

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