$FUN another heads up guys, resistance broken with good volume behind the bull swing.
Get ready to have some FUN?
Trend Direction: Bullish (~65% confidence)
You’re seeing a nice hourly double‑bottom around $0.01147, with the 15 m and 1 h EMA 7 now crossing back above EMA 25—signaling the start of a bounce from last week’s lows.
Ideal Buy Zones:
Safe: Around $0.01210 – 0.01215
(Buys here catch the early retrace back to the 1 h EMA 25, with room for a tighter stop under the recent low.)
Moderately Risky: Around $0.01225 – 0.01230
(Chasing strength above the 15 m EMA 7 and mid‑range of today’s high–low.)
Aggressive: On a break above $0.01265–$0.01270
(Entering after clearing today’s high at $0.012665, aiming to ride momentum toward the 1 h EMA 99.)
Stop‑Loss: Place just beneath $0.01140
This sits under the swing low at $0.01147 and gives the bounce space without wiping you out on normal noise.
Ideal Sell Zones:
Safe: $0.01300–$0.01305
(Near the 1 h EMA 99 resistance and round‑number psychological level.)
Moderately Risky: $0.01325–$0.01330
(Between prior hourly swing highs and where order‑book ask clusters appear.)
Aggressive: $0.01350–$0.01360
(Capturing a full retracement toward yesterday’s peak around $0.0140.)
If momentum continues then 0.014 will be hit easy but if you set your target to this keep constant monitoring.
Why This Setup?
EMA Alignment: Short EMAs have turned up on 15 m and 1 h, crossing above mid‑term averages.
MACD & RSI: MACD histogram is rising toward zero on both timeframes, and RSI(6) jumped above 70 on 15 m—momentum is shifting back to buyers.
Volume Confirmation: Today’s uptick came with above‑average volume, validating the recent move off support.
Stagger buys across those three zones to manage cost basis, and scale out in thirds as price hits each sell level. Keep your stop under $0.01140 to protect against a failed bounce.
DYOR and Inshaallah we will have great FUN and continue to make good profits.
