$C /USDT (Chainbase) ๐ง๐:
Current Status:
1H Timeframe โ short-term bounce spotted โณ
Price: $0.2900 (+4.24%) ๐ข
20 MA: $0.2623 โ
Potential Scenarios:
Bullish Case ๐:
Break above $0.2930 could trigger further upside ๐
Possible targets:
$0.32 โ Minor resistance ๐
$0.35 โ Major hourly breakout ๐ฅ
Bearish Case ๐:
Failure to clear $0.2930 = possible rejection ๐ฌ
Watch for a retest of $0.26 - $0.25 as local support ๐ก๏ธ
Summary:
This is an early trend reversal attempt on the 1H chart.
Breakout traders might wait for confirmation above the 50 MA.
Scalp Zone ๐ฏ โ High Risk, High Reward.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice.
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