Brief Analysis
Today (+31.46%) and the past 90 days (+99.95%) have both shown strong bullish momentum. The current price is running above all key EMAs (7, 25, 99), confirming a strong upward trend. The OBV (On-Balance Volume) indicator is extremely positive (+13.2 billion), indicating strong buying volume supporting this round of increase. The MACD is in a bullish state but may be overextended, suggesting a potential pullback, providing better entry opportunities.
Trigger Conditions:
The 15-minute chart RSI pulls back to the oversold area (<30) or rebounds near 50, while the 1-hour chart candlestick closing price is above 0.03960 (current resistance level turning into support).
Entry Area:
0.03700– 0.03850 (close to EMA(7) at 0.03515 and recent consolidation area)
Take Profit Targets:
· TP1: 0.04123 (recent high)
· TP2: 0.04300 (psychological extension)
· TP3: 0.04500 (next resistance level)
Stop Loss Position:
0.03450 (below EMA(25) at 0.03563 and key support level)
