📊 Current Technical Analysis (4-hour timeframe):
🔹 Current price: 0.16415 USDT
🔹 Moving Averages:
MA 7 (Yellow): Above the current price → Short-term negative.
MA 25 (Pink): The price is below it → Continuous selling pressure.
MA 99 (Purple): The price is close to it → Reflects a phase of fluctuation or waiting.
🔹 Candles:
The last two candles show a weak bounce attempt after a drop, but without strong momentum.
🔹 MACD:
The main MACD line is below the signal line and the indicator is negative → Continuous bearish signal.
There have been no bullish crossovers so far, indicating a lack of positive momentum.
🔹 Volumes:
Decrease in trading volume → Low interest currently, the market is in a waiting state.
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📉 General Trend:
The market has been in a short-term downward trend since the last peak of 0.17542.
It bounced from support at 0.15655 but did not break strong resistance levels.
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🟢 Support and Resistance Levels:
Strong support: 0.1612 and 0.1565
Immediate resistance: 0.1673 then 0.1720
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🧠 Scalping Recommendation (Immediate):
Situation Recommendation
The market now ⚠️ Cautious – No immediate entry
If the price returns to 0.1615 ✅ Short scalping buy targeting 0.1655 - 0.1670
If it breaks 0.1675 with a 4-hour candle close ✅ Buy targeting 0.1720
If it breaks 0.1610 with a close ❌ Exit – Quick sell as support is broken
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📌 Suggested Strategy:
Entry: At support 0.1615 while monitoring volume.
Stop: 0.1590
Target: 0.1655 – 0.1670 (scalping)
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