✅ Best Entry Point (Intraday Spot Trading):
🎯 Optimal Entry Zone:
$0.5400–$0.5450 on a small pullback or consolidation.
This range is slightly above the support, but below the current price, allowing a better risk-reward ratio.
📌 Stop-Loss:
Place below $0.5315, e.g., at $0.5280 to avoid getting stopped by noise.
🎯 Target Zones:
First Target: $0.5620 (recent peak before pullback)
Second Target: $0.5800–0.5820 (24h high/resistance)
Risk-to-Reward Ratio: Ideally 1:2 or better.
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🧠 Strategy Tip:
Wait for a pullback or sideways candle near $0.5400 before entering.
Confirm strength using 5-minute chart + volume spike if needed.
Avoid chasing at $0.5515 unless breakout above $0.5620 occurs with strong volume.