📌 Key levels and indicators:
- Current price: $54.7 (-12% over 24h)
- 24h range: $53.73 (minimum) – $67.88 (maximum)
- EMA(50) vs EMA(200): Slow moving averages show a bearish trend (EMA50 below EMA200 on the 2nd and 4th screenshots), but on the 1st screenshot – correction is possible (EMA50 close to EMA200).
- RSI(14): From 38.8 (oversold) to 69.95 (overbought) – depends on timeframe.
- MACD: On the 1st screenshot, the histogram is positive (0.09), but DIF/DEA are negative – a signal for caution.
🎯 Strategy:
1️⃣ For aggressive traders:
- Buying at support $53.73 (minimum 24h) with TP $60 (resistance level) and SL $51.
- If RSI < 40 + bounce from EMA200 – entry long.
2️⃣ For conservative traders:
- Waiting for EMA50 to cross above EMA200 + MACD above zero.
- TP: $65 (historical maximum), SL: below EMA200.
3️⃣ Scalping (15m/1h):
- Catching bounces from $54.7–$55 with TP +1-2%.
📉 Risks:
- Volume is decreasing (USDC 15.3 million → 15.34 million) – possible flat market.
- If the price breaks $53.73 – target $50.
💡 Why does this work?
- Oversold (RSI < 40) often leads to a rebound.
- MACD reversal – early signal of trend change.
🔴 Important: This is an educational example, not an investment advice! Test on a demo account.
📢 Your turn! Who is already in position? Write your TRB goals in the comments! 👇