If you want to trade futures, consider the following to take an entry with low risk:

1. Key Levels (Support and Resistance)

Support: $0.3858 (previous bounce)

Resistance: $0.4182 (99-MA), and $0.4310 (24h high)

2. Possible Trade Setups

Bullish Scenario (Long Trade)

Entry: If the price breaks above $0.4182 and sustains, then a long position can be taken.

Target 1: $0.4310

Target 2: $0.4454

Stop Loss: Below $0.4024

Confirmation: MACD should have a bullish crossover and increase in volume.

Bearish Scenario (Short Trade)

Entry: If the price rejects $0.4182 again and goes down, then a short position can be taken.

Target 1: $0.4024

Target 2: $0.3858

Stop Loss: Above $0.4220

Confirmation: RSI is overbought and price rejection candles are formed.

3. Risk Management

Do not use too much leverage because futures have high volatility.

Keep the trade at 2-3% risk to avoid liquidation.

A stop-loss is mandatory for a sudden spike in the market.

Are you planning to scalp or a long (swing) futures trade?