📊 CHART SUMMARY
CURRENT PRICE:
$0.4321 (+10.79%)
24H Range: Low = $0.3871 | High = $0.4423
MA60 (white line): ~$0.4347 (price is slightly below it)
MACD:
MACD Line (yellow) is below the Signal Line (pink) = bearish
Histogram is close to zero, slightly negative = neutral to slightly bearish
VOLUME:
Spiked earlier, now decreasing = buying momentum weakening
PRICE ACTION:
Price rejected after touching near $0.4423
Currently consolidating just below the MA60
🧠 TRADE BIAS: SHORT-TERM CAUTIOUS BULLISH, BUT WATCH FOR WEAKNESS
✅ Plan A – LONG ENTRY (Bullish Scenario)
ENTRY POINT:
Enter if price breaks and closes above $0.4350–$0.4370 with volume confirmation.
TAKE PROFIT TARGETS:
TP1: $0.4420 (24h high)
TP2: $0.4550 (next potential resistance from prior price structure)
TP3: $0.4700 (if breakout is strong with high volume)
STOP LOSS:
Below $0.4280 (last small consolidation area)
Risk/Reward: Aim for at least 2:1
CONFIRMATION NEEDED:
MACD cross bullish
Volume spikes > 10k
❌ Plan B – SHORT ENTRY (Bearish Rejection)
ENTRY POINT:
If price gets rejected again from MA60 ($0.4347) and drops below $0.4280
TAKE PROFIT TARGETS:
TP1: $0.4200
TP2: $0.4120
TP3: $0.4050
STOP LOSS:
Above $0.4360
TRIGGER:
MACD continues bearish
Histogram expands further negative
Price drops below 5/10 MA volume levels
🛡️ Plan C – BREAKDOWN SCENARIO
If Price Breaks Below $0.4200:
Enter short at $0.4180 (breakdown confirmation)
TAKE PROFIT.
TP1: $0.4050
TP2: $0.3900
SHORT LOSS.
Above $0.4250
⚖️ Plan D – RANGE SCALPING PLAN (Neutral Strategy)
If price ranges $0.4280–$0.4370 for next few hours:
Buy near $0.4280, TP $0.4350, SL $0.4250
Sell near $0.4370, TP $0.4300, SL $0.4400
Use small size, tight SL
📌 RISK MANAGEMENT
Use 1–2% capital per trade
Adjust stop loss if volatility spikes
Watch BTC & ETH price
trend for market.
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