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long-term entry

Overview of Chart Data

Current Price: $1.1808

24h High / Low: $1.2327 / $1.0688

Volume Indicators:

7-Day Volume: -60.23% (decline)

30-Day Volume: -35.56% (decline)

90-Day Volume: +50.11% (positive)

MA Lines:

MA(7): $1.1910

MA(25): $1.1850

MA(99): $1.2055

Long-Term Entry Strategy

1. Technical Setup

Price Position: Currently trading below the 99-day MA ($1.2055), which suggests a downtrend or consolidation phase.

Support Level: Around $1.1453 (recent swing low).

Resistance Zone: $1.20–$1.23 (MA99 + recent highs).

2. Entry Point (Long-Term)

Ideal Entry: Anywhere between $1.14–$1.18, especially if price holds above $1.1453 and begins forming higher lows.

Accumulation Strategy:

Use Dollar-Cost Averaging (DCA) between $1.14 and $1.18 to spread risk.

Add more if price reclaims and sustains above MA(99) (~$1.2055) on volume.

3. Stop-Loss

Tight Stop: Below $1.14 (previous support).

Loose Stop (for longer-term holders): Below $1.0688 (24h low) or $1.00 round level.

4. Target Zones

Mid-Term Target: $1.35 (recent top).

Long-Term Target: $1.50–$1.70 (previous resistance range).

5. Indicators to Monitor

MACD: Watch for bullish crossover.

RSI: Accumulate if RSI is near or below 40 and turns upward.

Volume Confirmation: Look for volume spikes on green candles—an early signal of buyer strength.

Summary

You're in a potentially attractive long-term entry zone as the price consolidates near support. If price sustains above $1.18 and breaks MA(99) with strong volume, it could mark the start of a longer uptrend.