š Analysis Against Setup
ā Entry Zones
Entry 1: $0.0075 ā Missed
Entry 2: $0.0072 ā Missed
Current Price: $0.006917 ā Below both entries (possible re-entry opportunity)
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šÆ Targets
Target 1: $0.0084 ā ā Already hit!
Target 2: $0.0090 ā ā Not reached
Target 3: $0.0102 ā ā
Target 4: $0.0106 ā ā
The price previously hit $0.008405, achieving the first target. Since then, a pullback has occurred.
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š Stop Loss
Stop Loss: $0.0068
The current price ($0.006917) is just above the stop loss, suggesting this is a critical support level. If price breaks below $0.0068, the setup may be invalidated.
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š Indicators Overview
RSI(6): 45.55 ā Near neutral, not overbought/oversold. Momentum has cooled but not negative.
MACD: Slightly bearish (-0.000113) ā Weak downward momentum but could reverse.
Volume: Huge surge earlier, now declining, suggesting pullback phase.
KDJ Indicator: Stochastic lines are starting to converge again, potentially signaling incoming movement.
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š Conclusion
The setup still holds as long as price stays above $0.0068.
Price has pulled back to just above stop-loss after hitting Target 1.
Good re-entry zone based on strategy, for those who missed initial entries.
Watch closely for bounce confirmation from this level or MACD crossover for reversal confirmation.
