$DF
Market Snapshot:
Current Price: $0.05009
24h Change: -20.29%
24h High / Low: $0.06429 / $0.04820
Trend: Steep drop with early signs of base formation
Moving Averages:
MA(7): $0.04973 (slightly under price, indicating short-term recovery)
MA(25): $0.05288 (first resistance)
MA(99): $0.05503 (major resistance)
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1. Entry Points:
Aggressive Entry (Bounce Play):
Zone: $0.0495 – $0.0505
Near current price, forming a base above the $0.0482 support
Conservative Entry (Confirmation):
Trigger: $0.0529+
Above the 25-period MA; breaks above immediate resistance
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2. Stop-Loss Placement:
Tight SL: $0.0479 (below the 24h low at $0.0482)
Loose SL: $0.0465 (increased buffer for wick traps)
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3. Take-Profit Targets:
TP1: $0.0528 – retest of 25 MA and local resistance
TP2: $0.0550 – MA(99) and psychological zone
TP3: $0.0580 – prior breakdown level from consolidation
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Example Trade Setup (Aggressive):
Entry: $0.0500
Stop-Loss: $0.0479 (-4.2%)
TP1: $0.0528 (+5.6%)
TP2: $0.0550 (+10%)
TP3: $0.0580 (+16%)