#RED
📈 LONG - Bullish Trend Continuation
💰 Current Price: $0.7010
🎯 ENTRY ZONE: $0.6680 - $0.6750
· Reasoning: Aim for a pullback towards the key support zone around the EMA(7) ($0.6714). This provides a better risk-reward ratio than buying at the current high.
🛑 STOP LOSS: $0.5800
· Reasoning: Placed safely below the crucial EMA(25) support level ($0.5880). A break below this level would invalidate the current strong bullish structure.
🏆 TAKE PROFIT TARGETS:
1. 1️⃣ $0.7250 💵 (Just below the 24H High for a conservative exit)
2. 2️⃣ $0.8820 📈 (Targeting the next major resistance level shown on the chart)
3. 3️⃣ $1.0550 🚀 (Primary target at the significant historical resistance level)
Analysis Summary: The token is in avery strong bullish trend across all timeframes (7D +51.69%, 30D +72.49%). The price is trading well above all key EMAs (7, 25, 99), which are stacked bullishly (fastest > slowest), confirming the trend strength. The MACD is positive, supporting upward momentum.
This strategy aims to enter on a slight dip for a better price, targeting a continuation towards the chart's previous resistance levels.
