💥 $DATA 1D: Strong Rejection Here Could Ignite Next Rally!
Currently, the price is consolidating in a tight range and approaching a critical support zone at 0.01447. If this level is tested and demonstrates a strong bullish rejection—confirmed by a pin bar, engulfing candle on the daily, or a sharp reversal on 4H/1H—there’s a high likelihood of an upward move toward 0.01597, potentially extending to 0.01643.
Entry idea: Consider entering after a clear bullish reaction at 0.01447 or 0.01414, ideally confirmed by a reversal candle or lower timeframe reversal pattern.
Take profit: Target 0.01597 first (partial exit), then 0.01643 (scale out), with a possible extended ride to 0.01878–0.01989 if bullish momentum strengthens.
Stop-loss: Place below the recent swing low or under 0.01414, as a break here could indicate trend reversal.
Bearish scenario: If price fails to hold 0.01447 and closes daily below 0.01414, the outlook turns bearish, possibly dropping toward 0.01055.
Shorting: Only consider if there’s a clear manipulation signal.
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