📊 Current situation
- Price: $41.51 (-24.28% over 24h)
- 24h range: $40.98 (minimum) – $54.92 (maximum)
- Volume: 146K TRB / $7.06M USDC
- Indicators:
- EMA: EMA(9) = 42.01, EMA(20) = 43.14 — price below EMA, possible downtrend.
- RSI(14): 33.89 (close to oversold, but no reversal signal yet).
- MACD: Histogram close to zero (0.08), but DIF and DEA are negative — weak bearish momentum.
🚀 Strategy
1. Short-term trading (scalping/intraday)
- Entry condition:
- If the price bounces off the support at $40.98 with increasing volume.
- Confirmation: RSI > 35 + candle close above EMA(9).
- Take-profit: $43.00 (EMA 20 level) or $45.62 (resistance zone).
- Stop-loss: Below $40.50 (break of the low).
2. Medium-term position (waiting for a reversal)
- Trigger:
- RSI < 30 (oversold) + MACD divergence (e.g., new price low, but histogram rising).
- Targets: $48.25 (Fibonacci level) or $52.89 (EMA 50).
- Risk management: Stop below $39.00.
3. Caution for margin positions
- With the current volatility (-24% for the day), avoid high leverage.
📉 Alternative scenario (if the trend continues)
- If the day closes below $40.98 — target $38.00 (previous low).
📌 Important
- This is an educational analysis, not investment advice!
- Always check the relevance of the data before entering a trade.
- Use stop-loss and take profits in parts.
🔥 If the strategy was helpful — like and share!
💬 Discuss in the comments: what entry point would you choose?