---
### I. Market assessment
1. Main trends:
- Short term: Uptrend with price above short term MAs and in the upper half of Bollinger Bands.
- Medium term: Price shows signs of recovery, but momentum is not strong, shown through candles with narrow amplitude.
- Long term: Still in the accumulation phase, need further confirmation of sustainable trend.
2. Indicator:
- RSI(6): 63.6 - Approaching overbought zone.
- RSI(24): 53.1 - Neutral, indicating buying pressure is not completely dominant.
- MACD: Slight positive histogram, weak bullish signal but no strong breakout yet.
- Bollinger Bands: Price is moving near the upper band, indicating increasing buying pressure.
3. Support/Resistance:
- Important support: $3.15 and $3.00.
- Strong resistance: $3.33 and $3.40.
4. Trading volume:
- Slight increase compared to recent average, indicating inflow of capital into the market but not explosive.
---
### II. Trend forecast
1. Bullish scenario:
- Target: $3.33 and further $3.40.
- Conditions: Volume needs to increase significantly, RSI needs to maintain above 70.
- Probability: 60%.
- Time frame: Next 2-3 days.
2. Bearish scenario:
- Expected decrease levels: $3.15 and $3.00.
- Conditions: Price breaks the middle Bollinger Bands ($3.18) with high volume.
- Probability: 40%.
- Time frame: Within 1-2 days.
---
### III. Trading recommendations
1. Current position:
- Hold Long position if entered from the $3.15 support area.
- Stop loss: $3.14 (below support).
- Take profit: $3.33 and $3.40.
2. New trades:
- Trend: Long.
- Entry: $3.20-$3.22.
- Stop loss: $3.14.
- Take profit:
- Target 1: $3.33.
- Target 2: $3.40.
- R/R ratio: ~2:1.
- Margin/leverage: No more than 5x to reduce risk.
3. Grid Bot:
- Recommendation to use: Yes.
- Suitable price range: $3.00 - $3.40 with price step of $0.02.
---
### IV. Warning
1. Short-term RSI is high, need to monitor for potential overbought conditions.
2. If volume gradually decreases, the likelihood of sideways price movement or higher adjustment increases.
3. Carefully observe the $3.15 area - if broken, the short-term trend will change.
