Current situation:
- Price: $0.0608 (-13.74% in a day).
- 24h volume: 133.61M USDC — high interest!
- Key levels:
- Resistance: 0.06265 (EMA50), 0.06700.
- Support: 0.05915 (daily minimum).
Strategy 'Rebound from Support'
1. Entry:
- Buy if the price rebounds from 0.05915 with confirmation (for example, increase in volume or a candle with a green body).
- Take-profit target: 0.06265 (EMA50) → 0.06700.
- Stop-loss: below 0.05875 (local minimum).
2. If it breaks the support:
- Waiting for a test of 0.0580. If the price settles below — further decline is possible.
3. Indicators:
- RSI(14): 42.58 — neutral zone, there is room for growth.
- MACD: weak bearish momentum (DIF < DEA), but the divergence is minimal.
Why is this interesting?
- High trading volume = liquidity and volatility.
- EMA50 near the price — key level for breakout/rebound.
- News from the section can become a catalyst (watch for updates!).
Important:
- Risk management! Do not invest more than you are willing to lose.
- Adjust the strategy to the current market.
🔔 Not investment advice! This is an educational example — always do your own analysis.
If the strategy helped — like and repost! Your activity makes the post visible to more traders. 😉
