$MBOX /USDT Price Action Analysisšš
Current Price: $0.0548
Timeframes Analyzed: 1D & 1H
Technical Overview:š
1H Chart Highlights:š
Strong breakout candle above resistance.
Small pullback after the rally, holding above EMA zone.
Key supports: $0.0507 (green), $0.0484 (blue).
Stoch RSI: Cooling at 44.81/42.67 ā healthy for continuation.
1D Chart Overview:š
Break of short-term bearish structure; price now forming a new higher low.
Resistance overhead at $0.0699 and $0.0985 (EMA & OB zone).
Stoch RSI: Mid-range 45/43 ā positive curve forming.
Trade Strategy (Bullish Setup):šØāš«
Entry Zone (Buy the Dip):ā
$0.0500 ā $0.0515 (previous breakout zone + EMA support)
Breakout Confirmation Entry:ā
Above $0.0565 with volume
Targets:šÆ
T1: $0.0600
T2: $0.0699
T3 (Swing): $0.0985
Stop-Loss:ā£ļø
$0.0480 (below EMA confluence)
Trade Duration:ā
Scalp to Short-Term Swing (1ā3 Days)
Pro Tips:šØāā¤ļøāšØ
Let the
$MBOX price retest $0.051 zone for a better entry.
Avoid chasing green candles ā let structure form before entering.
Watch BTCās stability ā
$MBOX tends to follow majors on momentum.
"Patience in pullback is profit in precision."
Disclaimer:ā ļø
This analysis is for educational purposes only. Please DYOR and always use stop-loss.
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