📊 Technical Snapshot:
Current Price: $0.04509
Last High: $0.05300
EMA(7): 0.04551 (price trading slightly below it)
EMA(25): 0.04637 (acting as resistance)
EMA(99): 0.04345 (major support zone)
RSI(6): 31.66 → Near oversold
MACD: Bearish, but histogram is flattening (possible reversal soon)
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🟩 LONG (Buy) Strategy — Bounce Setup
✅ Entry Zone:
Entry: $0.04470 – $0.04520 (near current price and 99 EMA support)
🎯 Take Profits:
TP1: $0.04650 (near 25 EMA)
TP2: $0.04780
TP3: $0.04990 (if momentum continues)
❌ Stop Loss:
SL: $0.04310 (below the 99 EMA zone and last support)
📈 Entry Confirmation:
RSI crossing above 40
MACD bullish crossover
Price closing above $0.0455 (EMA 7)
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🟥 SHORT (Sell) Strategy — Breakdown Setup
✅ Entry Zone:
Entry: $0.04450 – $0.04500 (if price closes below $0.0447 with volume)
🎯 Take Profits:
TP1: $0.04320
TP2: $0.04150
TP3: $0.03900
❌ Stop Loss:
SL: $0.04660 (above 25 EMA resistance)
📉 Entry Confirmation:
Strong red candle close below $0.0445
RSI stays below 40
MACD divergence continues downward
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📌 Extra Tips:
Volume is currently declining — wait for breakout candle (green for long, red for short).
Use trailing SL once TP1 hits to secure profits.
Avoid entry in the middle zone without confirmation (between $0.0447 – $0.0455).
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Disclaimer:
I am not a financial advisor. Do your own research before investing.
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