🔍 The price jumped from 0.0045 to 0.0114 within hours, achieving more than 150% before a quick correction!

Was this just a bullish trap, or are we facing a preliminary bottom for a bigger breakout?

📉 Attention: The 0.0070–0.0068 area may be the key for smart entry 📈

1. General Trend

- The price increased by 30.05%, indicating strong bullish momentum.

- The highest price in the last 24 hours (0.011480) is much higher than the current price (0.007228), indicating high volatility.

2. SAR Indicator (Parabolic SAR)

- Value: 0.004740

- Since the current price is above the SAR value, this indicates the continuation of the bullish trend, but caution is needed for a potential reversal if the price starts to decline towards this value.

3. RSI (Relative Strength Index)

- The value was not mentioned, but in cases of rapid rises, the RSI is often above 70, indicating that the market is in overbought territory and a correction may happen soon.

4. MACD (Moving Average Convergence Divergence)

- If the MACD lines cross bullishly, it supports the continuation of the trend. But in the case of negative divergence, there may be a reversal signal.

5. BOLL (Bollinger Bands)

- If the price breaks the upper limit, this indicates strong momentum, but also the possibility of a pullback or correction.

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🧠 A trading strategy suitable for this type of movement

🎯 Strategy: "Ride the momentum while protecting capital"

✅ Entry:

- After confirming the trend: If the price stays above SAR and MACD and RSI support the momentum.

- Use confirmation candles: such as a bullish engulfing candle or a resistance breakout.

🛑 Stop Loss:

- Place the stop loss below the SAR value or below the lowest price in the last 24 hours (0.005508), depending on your risk tolerance.

🎯 Take Profit:

- Use Fibonacci levels to determine your targets.

- Or rely on the upper Bollinger Band as the first target, then watch for reversal signals.

📈 Trade Management:

- If the price rises by 10–15% after entry, move the stop loss to the entry point to protect capital.

- Continuously monitor RSI and MACD to identify any weakness in momentum.

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⚠️ Do not enter randomly — wait for the next signal!

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