$MEW With the current bullish momentum and price action breaking through short-term resistance, I expect the price to continue rising towards 0.003108 and possibly 0.003210 if buyers remain strong.
- Example entry scenario: If price pulls back into the 0.003069–0.003096 region and prints a bullish pin bar or a reversal candle on the 5m or 15m chart, consider entering a long. Add extra confidence if you see a strong bullish engulfing or series of higher lows.
- Take profit at 0.003108 first, then trail or scale out towards 0.003210 if the move continues.
- If price breaks below 0.002957 and closes there decisively, my bias would shift to bearish and I’d expect a move toward lower supports around 0.002943 or further down.
- Watch for liquidity grabs below recent swing lows—if you see a sharp wick below 0.002957 then a swift reclaim, that can be a great long entry confirmation.