🧠 TECHNICAL ANALYSIS SUMMARY
Current Price: $1.890
24h Change: -35.07% (High Volatility)
24h High/Low: $3.73 / $1.735
MA60: 1.929 (Price below MA60 — bearish trend)
MACD:
MACD Line: 0.001 (just turning positive)
Signal Line (DEA): -0.013
Histogram: Just turning green → Possible early reversal or short-term bounce
Volume: Spike recently, suggesting increased interest at the lows
Price Action: Sharp decline followed by minor bounce from the 1.735 support zone
📈 Plan A – BOUNCE (Scalp Long) FROM LOCAL SUPPORT
Setup: Quick scalp on early bounce from $1.735 with target toward MA levels.
Entry: $1.87 – $1.89
Stop Loss: $1.72 (below recent low)
Take Profit: $2.00 – $2.08 (near MA5 or MA10)
Risk/Reward: ~1:1.5
CONFIRMATION:
Hold above $1.88 for 15-min candle close
✅ Use if price holds above $1.87 with slight volume increase
📉 Plan B – BREAKDOWN & SHORT CONTINUATION
Setup: If $1.73 breaks with volume, continuation of bearish momentum is likely.
Entry: $1.72 (after breakdown confirmation)
Stop Loss: $1.80
Take Profit: $1.58 – $1.60 (prior consolidation zone)
Risk/Reward: ~1:2
CONFIRMATION:
Break below $1.73 with red volume >10K
✅ Use if market sentiment stays bearish and BTC/ETH also drop
🔁 Plan C – RANGE-BOUND MEAN REVERSION
Setup: Price trapped between $1.73 – $2.10 for accumulation.
Buy Zone: $1.75 – $1.80
Sell Zone: $2.05 – $2.10
Stop Loss: Below $1.72
Play: Multiple entries/exits within range using MACD cross and volume
✅ Use in low-volatility sideways conditions
🚀 Plan D – BULLISH REVERSAL (Mid-Term Swing)
Setup: If price closes above $2.20 with strong volume & MACD bullish crossover.
Entry: $2.20 – $2.25 (after confirmation)
Stop Loss: $2.05
Take Profit: $2.60 – $2.90 (next resistance zones)
Risk/Reward: ~1:2+
CONFIRMATION:
MACD cross above 0, MA10 > MA60, volume > 20K
✅ Only use after strong bullish move and recovery structure
⚠️ RISK MANAGEMENT TIPS
Position size: Max 1–2% of total capital per trade
Always wait for confirmation (volume spike or candle close)
Monitor BTC/ETH correlation — altcoins follow majors
Don't hold losing trades; respect stop losses
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