General Trend (Monthly, Weekly, Daily Candle)
Monthly Candle: Strong rise after a long accumulation; the currency has risen by more than 300% in the last 30 days while staying far from its historical peak [ATH] near 0.32, indicating a medium-term bullish trend but with high correction space.
Weekly Candle: A price explosion wave of over 200% within one week with huge volume, and the price is now testing new weekly peak ranges around 0.09, confirming buyer control but in a potential profit-taking area.
Today's candle: A long green candle near today's high 0.090–0.091 with a short upper wick and large volume; this is a bullish impulse pattern that suggests the possibility of continued rise, but any sharp break below today's support turns the movement into a quick correction. ✅Main support and resistance areas strong daily support:
0.075–0.078 another pivot area for the next upward surge (previous peak turned into support).
✅0.060–0.062 deeper support represents a previous accumulation area and the price movement center before the last surge.
🔥Nearby resistances:
0.090–0.095 momentary resistance (current session and dense sell orders area).
0.105–0.11 then 0.13 next upward targets if momentum continues and the price succeeds in stabilizing above 0.09.
Buy entry scenario (Long) direction:
Upward on the three frames with strong momentum, so buying is better after a correction and not from the current peak.
Suggested entry areas:
First entry 'Scalp/Bot or manual' between 0.078–0.082 with a stop loss slightly below 0.075.
Strengthening or main entry between 0.060–0.062 if a deep correction occurs and volume remains positive, with a stop below 0.056.
✅Targets: Target
1: 0.095. Target
2: 0.105. Target
3 extended: 0.13
Provided that the volume continues and no strong red reversal candles appear.
Sell entry scenario (Short/Take Profit) The selling idea is suitable only for scalping after an extension wave above 0.095–0.10 with signs of weakness on the 1–4 hour frame (new price peaks without volume/RSI peaks).
🔥Potential short entry area:
0.098–0.105 with a stop loss above 0.11 and targeting a return of the price to areas of 0.085 then 0.078.
This scenario requires high risk management because the main trend is still upward; it is used for quick profit-taking and not for reversing a long-term trend.
Summary of the analysis:
• Monthly and weekly trend: Strong upward trend after accumulation, but far from ATH, opening the way for additional upward waves with sharp corrections.
• The current price is near resistance 0.09; it's better to wait for a correction towards 0.078–0.082 for a safe entry with a stop below 0.075.
• Buying strategy areas: 0.078–0.082 (gradual entry), and 0.060–0.062 (deep accumulation area) with targets 0.095 then 0.105 then 0.13.
• Sell/Take Profit areas: between 0.095–0.105, with monitoring volume; any clear weakness there is considered an opportunity to lighten positions or scalp short targeting 0.085–0.078.
• It is preferable to use low leverage on contracts, or run a neutral grid bot within the range of 0.06–0.10 with a stop below 0.056, to take advantage of strong fluctuations without exposure to rapid liquidation.
