Possible bounce setup….
Direction:
Long
Entry Current Zone
Targets
TP 1: 0.0415
TP 2: 0.0450
TP 3: 0.0500
Stop Loss
0.0344
Price has dropped for many candles and is now sitting near a strong support around 0.037. Selling pressure is slowing down and downside looks limited from this zone. If buyers step in this area a relief bounce is very possible….
