* Entry Zone: $0.05900 - $0.05960 (Current Market Price area) * Stop Loss (SL): $0.05500 (Placed just below the EMA 25 and recent candle wick support to protect against a trend reversal.) * Leverage (Suggested): 3x - 5x (Keep it low; crypto perps are volatile).
🎯 Take Profit (TP) Targets
Target 1: $0.06350 (Conservative - near recent local resistance)
Target 2: $0.06580 (Major Resistance - recent 24h high
Reason: Price is hugging the Green Supertrend support while KDJ is in deep "Oversold" territory. 🛠️
Target: $89.50 🎯
Stop Loss: $83.50 🛡️
✨ Short Reason: The chart is screaming "rebound." With the price hitting a major support floor and indicators showing the selling pressure is nearly dead, a bullish bounce is the most likely next move. 💎🚀
📌 Why Wait? Price is caught between EMA(7) and EMA(25), showing indecision. MACD is slightly positive but weak (+0.29). Stochastic is oversold (K: 30.85), but momentum is unclear. No clear breakout above 669 or breakdown below 653.
Watch For:
· Break above 665 → LONG ↗️ · Break below 650 → SHORT ↘️
📌Reason: Price is holding strongly above Supertrend (0.2457) 📈. MACD is positive & rising 🔥, with DIF over DEA confirming bullish momentum. Currently testing the upper range near the 24h high — a breakout is imminent.
Reason: Price is trading above the Supertrend(10,3) line at 4,884.38, confirming a bullish trend structure 📊. The MACD histogram is positive (+1.81) with DIF above DEA, signaling strong and sustained bullish momentum. Price is also pressing against the 24h high of 4,973.45, with clear breakout potential toward higher resistance levels.
Reason: Price is trading above the Supertrend(10,3) line at 77.52, confirming a strong bullish trend structure 📊. The MACD histogram is positive (+1.20) and rising, with DIF turning upward toward the DEA, signaling increasing bullish momentum. Price is holding firmly in the upper half of the recent range, with strong potential to challenge the 24h high of 87.10 and beyond.
Reason: Price is trading below the Supertrend(10,3) line at 77.18, which now acts as resistance ⬇️. The MACD histogram is positive (+0.83), but both DIF and DEA remain in negative territory, indicating weak momentum in a broader downtrend 📊. The Stochastic K is extremely high (91.27), signaling overbought conditions and increasing the probability of a reversal back toward the middle or lower end of the recent range.
💡 Trading Note: The chart shows a strong relief bounce from the $59,800 support. The MACD is turning bullish on the 1h timeframe, and the price is attempting to reclaim the Supertrend level. Manage your risk carefully!
Price action is showing a clear rejection at the 84.12 SuperTrend resistance line. Combined with a bearish MACD posture and a failure to reclaim the psychological 85.00 level, the trend confirms a continuation toward the lower liquidity zones.