📊 1D Chart (Bigger Trend)
Price dropped from 0.445 → now 0.249.
This is a heavy correction → buyers are weak.
Support: 0.244 – 0.247 (today’s low).
Next major support: 0.197 – 0.20.
Resistance: 0.269 → 0.308.
👉 Daily trend is still bearish.
---
📊 4H Chart (Short-term)
Consistent fall from the recent high.
Current price: 0.249, testing the 244 – 247 support zone.
Resistance: 0.269 – 0.270.
👉 4H shows selling pressure still strong.
---
✅ Trading Ideas
🔴 Short (Safer Setup)
Entry (Sell): 0.248 – 0.250 (current zone).
Stop Loss: 0.270.
Targets: 0.244 → 0.230 → 0.200.
👉 Safer because the trend is clearly down.
---
🟢 Long (Only on bounce)
Entry (Buy): 0.245 – 0.247 (only if strong green candle forms).
Stop Loss: 0.230.
Targets: 0.269 → 0.300.
👉 Risky. Take this only if price holds above 0.244 with strong volume.
---
📌 Conclusion
Chart currently favors Short positions.
Safe play → Short around 0.248–0.250, SL 0.270, target 0.23 → 0.20.