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Open sideba : hit 1.4 and above
š Observations:
Current Price: $1.171
Recent Low: $1.072
Recent High: $1.402 (strong resistance zone)
MACD Indicator: Slight bullish crossover (DIF > DEA), suggesting mild upward momentum.
Volume: Moderate with no strong breakout.
Price Action: The price is recovering from a recent low and forming higher lows ā a sign of potential short-term bullishness.
šŗ Resistance Levels:
$1.188 ā $1.20: Minor resistance ahead (watch for rejection here).
$1.260: Next significant resistance.
$1.402: Strong resistance (previous high).
š Will It Hit $1.40?
Short-Term (next few hours): Unlikely unless there's a volume spike or major news. The path to $1.40 needs to break $1.20 and $1.26 first.
Medium-Term (within a day or two): Possible only if the price holds above $1.12ā$1.15 support and breaks $1.20 with strong momentum and volume confirmation.
ā Bullish Signals Needed:
Break and close above $1.20 with strong green candles
Rising MACD and volume increase
RSI entering bullish territory (not shown in this chart)
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