### Observations:
1. Price Movement: The current price is 0.003854, slightly below the 60-day moving average (**MA60: 0.003850**), indicating mixed momentum.
2. Moving Averages:
- MA(5) and MA(10) are sloping upwards, suggesting a potential short-term recovery.
- MA60 serves as a critical resistance zone.
3. Volume: There's a moderate spike in trading volume, signaling trader activity and potential volatility.
4. 24H Range: Price has ranged between 0.003768 (support) and 0.004100 (resistance).
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### Long Entry Plan:
- Entry: Wait for a breakout above 0.003900 with confirmation via strong volume and candle close.
- Take Profit (TP):
- First target: 0.004100 (recent high and resistance).
- Second target: 0.004300 (next psychological resistance zone).
- Stop Loss (SL): Place at 0.003750, below the 24H low and recent support.
- Duration: Hold for 2–5 days, depending on momentum.
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### Short Entry Plan:
- Entry: If the price falls below 0.003768 with increased volume.
- Take Profit (TP):
- First target: 0.003600 (local support from prior downtrend).
- Second target: 0.003500 (psychological level).
- Stop Loss (SL): Place at 0.003900, above MA60 and breakout level.
- Duration: Hold for 1–3 days.
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### Contingency Plan (Signals Reverse Against You):
1. For Long Trades: If price fails to sustain above 0.003900 and dips below 0.003768, exit early to minimize losses.
2. For Short Trades: If price reclaims 0.003900 after breaking down, exit early to avoid a squeeze.
3. Consider hedging with smaller opposing positions if volatility increases drastically.
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### General Note:
Ensure risk management:
- Risk no more than 1–2% of your capital per trade.
- Use trailing stops to lock in profits if the price moves favorably.
