$NEIRO SCALPING

Key Observations:

Price Action:

Current close (0.00061615) is above the 50 MA (0.00056905), indicating a short-term bullish bias.

The candle shows a 2.09% rise with moderate volatility (2.73% amplitude).

Indicators:

RSI(6) at 52.73: Neutral territory, no overbought/oversold signal.

MACD negative (-0.00000356): But the histogram appears to be shrinking, suggesting potential bullish momentum building.

Scalping Strategy (15m):

Entry Signals:

Long Setup:

Trigger: Price holds above 0.000616 (current close) with a green candle confirming bullish momentum.

Confirmation: MACD histogram turns positive or RSI crosses above 55.

Target: 0.00061899 (recent high) or 0.000625 (next resistance).

Stop Loss: Below 0.000612 (recent swing low).

Short Setup:

Trigger: Price breaks below 0.00060252 (today’s low) with strong volume.

Confirmation: RSI drops below 45 or MACD extends negativity.

Target: 0.00057012 (near 50 MA) or 0.000602 (partial profit).

Stop Loss: Above 0.00061899 (today’s high).

Additional Notes:

Volume Check: Ensure volume spikes align with breakout directions for higher accuracy.

Risk Management: Scalping requires tight stops (0.5-1% risk per trade).

MA Support: The 50 MA (0.00056905) is a key level for trend reversals if price retraces deeply.

Next Update: Monitor the MACD crossover and RSI for momentum shifts. Adjust targets if volatility expands.