$AUDIO Bulls Warming Up Before Breakout🤔🔐🔑👇
Current Price: $0.0794
Timeframes: 1H & 1D
Formed Candle & Chart Pattern Analysis: 📊
On the 1H chart, $AUDIO shows a solid recovery from intraday pullbacks, reclaiming the 0.0779 support with a bullish engulfing formation.
👉The 1D chart reflects stabilization after a strong impulsive move, followed by consolidation near the mid-range of a potential distribution zone (highlighted by the red supply block). Price is respecting the 20 EMA as dynamic support, indicating bullish control is intact.
Trend Signal:📉
Bullish continuation structure forming — Higher Highs and Higher Lows on both 1H and 1D. The Stochastic RSI on both timeframes is climbing, suggesting momentum reactivation.
Why Bullish🤔🔥
Price holding above key EMAs (20/50 on 1H and 1D).
Previous EQH taken out and retested.
Strong buyer reaction from the $0.076 zone confirms interest.
RSI supports upside continuation (no divergence seen).
Trading Strategy Plan (One-Sided Bullish Bias):
Entry Range: $0.0780–0.0790 (on dips or minor retracements)✅
Target 1: $0.0840🎯
Target 2: $0.0910 (upper resistance on daily)
Stop-loss: $0.0750 (below recent swing low)
Trade Duration: Short to Mid-term (1–5 Days)
Takeaway:👨🏫
$AUDIO is coiling up under resistance — a clean breakout above $0.0805 could trigger momentum scalpers and short-term trend followers. Watch for volume spike confirmation.
Disclaimer: ⚠️
This analysis is for educational purposes only and not financial advice. Always DYOR and manage risk accordingly.