📊 **Firstly: Candlestick analysis and price areas**
* Current price: `0.00043980` (at the moment of the snapshot).
* There are clear bullish candles indicating strong **buying momentum** in the last hours.
* The price broke a strong resistance level at `0.00043161` and settled above it.
* It is now approaching a **critical resistance area** between `0.0004419` and `0.0004442`.
📉 **Secondly: Important supports and resistances**
| Level | Type | Notes |
| ---------- | -------------------- | ---------
| 0.00046678 | Strong resistance | Distant target
| 0.00044425 | Current resistance | Current testing area
| 0.00043161 | Broken support turned support | Very important as a retest area |
| 0.00042572 | Medium support | Backup support
| 0.00039256 | Strong support | Previously clear bottom 📈 **Thirdly: Technical indicators**
* **Stochastic RSI Indicator**:
* In the overbought area, indicating a potential correction soon.
* **MACD Indicator**:
* Positive crossover, and momentum is still bullish, but it is approaching overbought.
* **General trend**:
* Bullish in the short term with a sloping support line (uptrend line), and the price respects it well.
✅ **Fourth: Trade recommendation**
🟢 **Trade type: Buy (Long) but with clear conditions**
**Safe entry point:**
* In case of a clear break and closing an hourly candle above `0.00044425` → Long entry targeting `0.00046678`.
**Or:**
* If the price returns to retest the `0.00043161` area and holds above it → Long entry as well.
**Stop Loss:**
* Clearly below `0.00042500`.
**Targets (Take Profit):**
1. 0.00044425 (Resistance test)
2. 0.00045200 (Potential level after the break)
3. 0.00046678 (Full target)
⚠️ **When not to enter?**
* If the price fails to surpass `0.00044425` and starts forming reversal candles, there might be a **correction towards support 0.00043161** or even `0.00042572`.
* Short selling is not advisable currently unless a break below `0.00042500` occurs.
🌐 **Fifth: News and potential impacts today**
> After a quick review of today's news
* There are currently no prominent news in known official channels or major announcements, and the field is relatively calm.
* However, the overall market for cryptocurrencies today tends to stabilize with a slight positive bias (according to trend #BTC and #Ethereum
* If no sudden negative news is released, the market is suitable for technical trades currently.
🧠 **Final summary**
| Factor | Evaluation
| -------- | ---------------------------------------------
| Trend | Bullish on the hour
| Momentum | Strong but approaching resistance
| Indicators | Positive but in overbought areas
| Recommendation | Conditional buy trade on breaking or retesting support |
| News | No clear negative impact
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