Trade Setup (Long Bias)
Bullish Scenario (Long Entry)
Entry Zone: $0.9050 – $0.9100 (on slight dip or breakout above $0.9142)
Target 1: $0.9260 (recent resistance level)
Target 2: $0.9400 (next fib/resistance)
Stop Loss: $0.8910 (below MA(25) and recent minor support)
This is a momentum continuation play as long as the price stays above $0.8990 (MA(25)
Bias:
Short-term bullish, with the trend turning in favor of buyers. Watch for a clean break above $0.9142 for further confirm