🔹 Entry Price: 0.05180 (upon breaking the current low with confirmation from a strong bearish candle) 🔹 Stop Loss: 0.05260
🎯 Targets (TP):
• 🥇 First Target: 0.05050 • 🥈 Second Target: 0.04920 • 🥉 Third Target: 0.04750 • 🔹 Fourth Target: 0.04500 (previous strong support) • 🔹 Fifth Target: 0.04200 (launch low) • 🔹 Sixth Target: 0.03730 (full target from the flag pattern)
📊 Trade Analysis:
• The price is below all moving averages (EMA 7, 15, 25, 99), confirming the bearish trend on the frame. • RSI indicator is at 32, close to breaking the oversold level. • MACD is negative and starting to expand, which reinforces bearish momentum. • The price has rejected breaking 0.05380 multiple times, indicating strong resistance. • ✅ Entry Confirmation: A strong red 15-minute candle breaking 0.05180 accompanied by high trading volume. • 🎚️ Leverage: 5x - 7x (medium risk ratio on a small frame).
#CHILLGUY📈
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