LONG TRADE SETUP..❓ $A is rebuilding a strong pattern indicating bullish sentiment ✅
📊 Chart Summary:
• Current Price: $0.6166 (down 0.71%)
• 24h High: $0.6446
• 24h Low: $0.6015
• Recent Swing High: $0.6211
• Support Zone: Around $0.6147 – $0.6112
• Resistance Zone: $0.6211 → $0.6220
• Stoch RSI: Resetting from oversold (currently at 0.6433), bullish potential building
• RSI(6): 45.71 — neutral
• Volume: Decent but no breakout yet
✅ Bullish Setup (Reversal Play):
• Entry: Above $0.6185 (break and close above short-term resistance)
• Confirmation: Stoch RSI cross upward + volume increase
• Target 1: $0.6211
• Target 2: $0.6240
• Stop-loss: Below $0.6140 (below local structure)
⚠️ Bearish Setup (Rejection + Breakdown):
• Entry: If price breaks below $0.6140 with bearish candle
• Target 1: $0.6112
• Target 2: $0.6076
• Stop-loss: Above $0.6180
🔍 Notes:
• The current pullback from $0.6211 looks corrective, not impulsive, suggesting it may reload for another push up.
• Stoch RSI is turning up from bottom, which often precedes a short-term bounce.
• Ideal scalp would be a break-and-retest of $0.6185 followed by a quick ride to $0.6211–0.6240.