Current Market Conditions
Current Price: $0.0879
24H High/Low: $0.0911 / $0.0756
Recent Trend: The price has recently bounced from a low of $0.0732 and is showing an uptrend with a +13.71% increase.
Volume & Market Sentiment: 57.81% buyers vs. 42.19% sellers, indicating more buying pressure.
Trade Decision
Bullish Scenario (Uptrend/Long Trade)
If you believe the price will continue upwards, consider buying (going long).
Look for resistance levels (next major resistance could be near $0.096 - $0.10).
Use stop-loss below recent support levels ($0.083 - $0.080).
Bearish Scenario (Downtrend/Short Trade)
If you expect the price to drop, consider shorting.
The price has already increased significantly, so a pullback could happen.
Look for resistance rejection at $0.09+.
Final Advice
If you’re a short-term trader, wait for confirmation (breakout above $0.091 or rejection at resistance).
Use stop-loss to protect capital.
If unsure, consider waiting for a clearer trend before entering a trade.
Would you like me to analyze any indicators like RSI, MACD, or Bollinger Bands?