The price is holding structure above the demand block and trading inside a wedge. We’re waiting for a final drop into the 0.70–0.60 zone where there’s an FVG + strong weekly support. That’s the main long scenario entry area, with targets: 🔸First target — return to the 1.20 zone 🔸Then — breakout from the wedge and move toward 1.60+ The pullback is needed to grab liquidity before the move. Currently prioritizing a bear trap ➡️ reversal upward.
⛔️Invalidation: If price breaks and holds above 1.27 without dropping back first, the setup is off. In that case, we'll look for a new entry after a retest✅
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✅ The coin has bounced from a key support zone and is testing the local low. I'm expecting a bottom formation with potential for a move toward strong resistance levels.
⛔️ Stop: 0.343 — below local support to limit deeper downside.
🎯 Targets: ✔️ TP1: 0.435 — first level for partial take profit. ✔️ TP2: 0.451 — important distribution zone. ✔️✔️ TP3: 0.5 — potential mid-term target on structural breakout.
🗺️ Chart shows the expected scenario with an impulse move and correction toward MB1D before continuation.
⚡️ Recommended to watch volume and reactions at key levels.
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🟢 Trade rationale: Price is forming a local accumulation zone with clear support around 0.0120. This level has shown buying interest before and aligns with a consolidation base. By splitting the entries, I improve the average entry price while allowing for a potential short-term dip.
Stop-loss is tight to avoid large losses if the idea fails.
Targets are based on higher time frame resistance levels and Fibonacci retracements — these zones have historically provided selling pressure and are realistic profit-taking levels for a swing trade.
🗓️ Idea timeframe: 2–10 days swing, watching for confirmation of local support holding and volume growth on the bounce.
This plan is designed for careful scaling, risk management, and flexibility to lock in partial profits along the way.
#Portal The price has broken out of the descending wedge and moved upward ⬆️ It’s now testing the supply zone (SIBI) and might pull back slightly to support. If it holds there, we expect the uptrend to continue toward the 0.055 ➡️ 0.065 area. 🔸 If the price drops back below the MB1D zone and fails to hold, the rally might be delayed. 🔸 Watch the behavior in the SIBI zone: on a retest with a downward rejection, a pullback to 0.032 is possible. Overall, the setup is bullish if current levels hold ✅