Current situation:
- Price: $0.005057 (drop -6.54% for the day).
- Selling pressure, but buyers hold 51.91% in the order book.
- Daily minimum: $0.004960 (important level for breakout).
- Volumes are low – a confirming impulse is needed before entering.
Trading scenarios:
🔹 Long position (buy)
Entry condition: Clear rebound and consolidation above $0.00512 (overcoming local resistance).
Take profits:
- TP1: $0.00525 (+2.5%)
- TP2: $0.00542 (+5.9%)
Stop-loss: Below $0.00500 (break of daily minimum → setup cancellation).
🔹 Short position (sell)
Entry condition: Break and hold below $0.00495 (confirmation of weakness).
Take profits:
- TP1: $0.00480 (-3.0%)
- TP2: $0.00465 (-6.0%)
Stop-loss: Above $0.00505 (false breakout → exit).
Key points:
✅ Wait for confirmation – enter only with an increase in volume and clear movement.
⚠️ Risk management – no more than 1-2% of the deposit per trade.
📉 If the price is in the $0.00495–0.00512 range – it's better to stay out of the market until a clear signal.
Summary: Trade only on breakouts with confirmation. Without momentum – no trade! 🚀
All financial risks and decisions are solely your responsibility; always conduct your own analysis.