Technical Analysis

Trend:

The chart shows a recent uptrend after a long downtrend. Price is pushing above short-term EMAs (7 EMA and 25 EMA), and approaching the longer 99 EMA, suggesting a potential bullish reversal but also heavy resistance near 99 EMA.

Indicators:

EMA:

7 EMA (0.00000837) crossed above 25 EMA (0.00000769), a bullish signal.

Price is approaching 99 EMA (0.00000933) – usually strong resistance.

MACD:

MACD line > Signal line and heading up — bullish momentum.

RSI (6):

RSI is 82.88 — this is overbought territory (>70).

Potential for a small pullback before further rise.

Volume:

Moderate volume increase supports the current movement, but not explosive — momentum is healthy but cautious.

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Trading Signal for Intraday Trading

Plan Summary:

This looks like a potential buy-the-dip scenario if there's a slight pullback or a breakout continuation trade.

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Entry Point(s):

Primary Entry:

0.00000860 - 0.00000870 (small dip zone if minor pullback occurs)

Aggressive Breakout Entry:

Above 0.00000905 (breakout above 24h high)

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Stop-Loss Placement:

Conservative Stop:

Below 7 EMA at 0.00000820

Tighter Stop (for breakout trade):

0.00000855

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Take-Profit Target(s):

First Target (TP1):

0.00000930 (near the 99 EMA resistance)

Second Target (TP2):

0.00000980 (psychological level + slight breakout zone)

Final Target (TP3):

0.00001050 (if strong bullish continuation happens)

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Summary Table

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Additional Notes

RSI being overbought suggests higher risk for buying aggressively at the top — that's why the "buy-the-dip" strategy is safer.

If the price fails to hold above 0.00000820, expect further downside toward 0.00000780 support.

If you see a strong bullish candle breaking 0.00000905 with volume spike, it may justify entering a breakout trade