Shadi-MEP

Quick Analysis:
1. General Trend:

There is a clear decline from the peak at 0.1378 to the current level.

The price is now close to a previous support level at 0.1185.

2. Technical Indicators:

Moving Averages (MA): The price is below the MA(7), MA(25), and MA(99), indicating a downward trend.

MACD: The indicator is below zero with a negative signal, indicating continued weakness.

RSI (Relative Strength Index): Between 31 and 42, which indicates that the currency is approaching an oversold condition, but has not completely reached it.

Initial Recommendation:

Immediate entry (0.1187) carries risk due to the downward trend.

The most suitable buy price would be either at:

0.1150 - 0.1160: If the price bounces from this support, it would be a good entry point.

Or wait for confirmation of a trend reversal (e.g., breaking MA or positive MACD signals).

Practical Suggestion:

A limit order to buy at: 0.1160 USDT.

Set stop loss at: 0.1125 USDT.

Take profit at: 0.1240 - 0.1260 USDT.

#tradestories

#StrategyTrade

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When do you recommend the next purchase #شارك_تداولاتك $CGPT $CGPT

Thank your Lord for what has been facilitated because it is a meme currency named the same as the currency which has not yet been listed on Binance, do not get involved.

Search on YouTube for a MACD indicator reading, add it to the chart indicator, and buy according to the momentum when it goes down and sell when it goes up until you buy at a low price. You can leave it for time because it is a new currency and no one can help you.