🟩 Clear Position: LONG (Confidence: 75%)
♻️ Recommended Leverage: 10x
Key Levels:
• Entry Zone: $1.19 - $1.22
• Resistance Levels:
• R1: $1.30 (Key breakout level)
• R2: $1.42
• Support Levels:
• S1: $1.10
• S2: $1.00
🎯 Targets:
1. T1: $1.28 (+6%)
2. T2: $1.34 (+10%)
3. T3: $1.40 (+15%)
4. T4: $1.50 (+25%)
⛔ Stop Loss: $1.15
If Stop Loss Triggers:
• Reversal Strategy: Enter SHORT
• New Entry Zone: $1.14 - $1.10
• New Targets:
• T1: $1.08 (-5%)
• T2: $1.02 (-10%)
• New Stop Loss: $1.20
Key Technical Points Justifying the Position:
1. RSI: Current RSI is near 55, indicating mild bullish momentum without being overbought.
2. MACD: Bullish crossover observed, signaling upward momentum.
3. Volume: Volume has surged by 25% compared to the previous 4-hour period, suggesting strong buyer interest.
4. EMA Crossover: 20 EMA crossing above the 50 EMA, a classic bullish indicator.