Here is a technical analysis based on the attached image for the C/USDT pair on the one-minute timeframe:
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🔍 Summary Analysis:
Current Price: 0.4002 USDT
Moving Averages:
EMA50 (Yellow) = 0.4010
EMA150 (Pink) = 0.4073
EMA200 (Purple) = 0.4098
The price is below the EMA50, EMA150, and EMA200, indicating that the overall trend on this timeframe is currently bearish.
There is a strong rebound from the 0.3853 area, indicating good demand at this level.
Green candles have formed indicating a rebound, but the price has not yet broken through the moving averages.
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✅ Suggested Entry Trade:
Trade Type: Short Speculation (Scalping)
Buy: Upon a clear and sustained break above 0.4015 (confirmation above EMA50)
Target 1: 0.4070 (near EMA150)
Target 2 (Optional): 0.4095 (near EMA200)
Stop Loss: 0.3960 below the last low
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⚠️ Notes:
Do not enter before a sustained break above 0.4015 (preferably wait for 2 green candles above the average).
Use a small capital due to rapid price volatility.
Monitor trading volume before entering; if it is weak, avoid the trade.