📊 Technical Observations:

Current Price: $0.2400

Bollinger Bands:

Upper Band (Resistance): 0.2739

Middle Band (20-SMA): 0.2469

Lower Band (Support): 0.2200

Volume: Mild, with no breakout volume yet.

Recent Low: 0.2204, and previous strong low: 0.1775

Previous High: 0.3006

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🟩 Long (Buy) Trade Setup — Bullish Bias

✅ Entry Price:

Ideal Entry: 0.2370–0.2400 (just under the 20-SMA/Middle Bollinger Band)

Optional: Scale in on dips toward 0.2300

🛡️ Stop Loss:

Stop Loss: 0.2160 (below Bollinger Band bottom and key support)

🎯 Take Profit Targets:

1. TP1: 0.2469 — Middle Bollinger Band (short-term reaction)

2. TP2: 0.2730–0.2750 — Upper Bollinger Band (swing target)

3. TP3 (optional): 0.3000 — Strong resistance zone, longer hold

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🟥 Short Trade Setup — Bearish Contingency (if price rejects at resistance)

✅ Entry Price:

Entry: Near 0.2460–0.2480, if strong rejection occurs with red candle

$

🛡️ Stop Loss:

Stop Loss: 0.2550 (above Bollinger midline and recent high wicks)

🎯 Take Profit Targets:

1. TP1: 0.2300

2. TP2: 0.2200 — Lower Bollinger Band

3. TP3 (aggressive): 0.2000–0.1950

//Created using ChatGPT//

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