Current Technical Summary

Price: $0.6276

Trend: Recent downtrend with some signs of consolidation and a possible bottom forming at $0.6131.

EMAs:

EMA(7) = 0.6299 (above current price)

EMA(25) = 0.6517 (above current price)

EMA(99) = 0.6811 (above current price)

RSI (14) = 35.05 → Oversold zone

MACD: Histogram is flattening, signaling a potential reversal

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✅ Long Trade Setup (Reversal Play)

🔹 Entry (Trigger Confirmation):

Entry Price: Above $0.6330

(Break and close above recent minor resistance + EMA(7) = momentum confirmation)

🔹 Stop Loss:

Below recent swing low: $0.6090 – $0.6110

(Wide enough to avoid noise, yet close to invalidate trade if downtrend continues)

🔹 Targets (TP):

TP1: $0.6510 (close to EMA(25), previous support/resistance zone)

TP2: $0.6800 (EMA(99), strong resistance and mean reversion level)