Current Market Conditions (Confidence Level: 8/10):
Price at $0.7086, showing neutral-bullish structure after breaking above previous high.
Hidden bullish divergence spotted on RSI, supporting bullish continuation bias.
Smart Money completed accumulation between $0.68 – $0.69, signaling strength.
Trade Setup (Long Bias):
Entry: $0.7080 – $0.7090 zone.
Targets:
T1: $0.7300
T2: $0.7500
Stop Loss: $0.6950 (below recent swing low).
Risk Score:
7/10 – Strong breakout supports the setup, minor pullback into equilibrium zone remains possible.
Key Observations:
Break of market structure aligns with start of markup phase.
Volume profile confirms solid support near equilibrium around $0.69.
Momentum increasing after breakout above PCH, suggesting bullish continuation.
Smart Money positioning favors further upside moves.
Recommendation:
Long positions favored within entry zone with tight risk below $0.6950.
Consider scaling out at $0.7300 and trailing stop for potential extension towards $0.7500.
Monitor price action closely for bullish continuation or signs of early exhaustion.