🟩 Clear Position: LONG (Confidence: 75%)
♻️ Recommended Leverage: 5x
👉 Entry Zone: $0.09000 - $0.09500
🎯 Targets:
• T1: $0.10300 (+8%)
• T2: $0.11000 (+14%)
• T3: $0.11500 (+20%)
• T4: $0.12400 (+29%)
⛔ Stop Loss: $0.08500
If Stop Loss Triggers:
• Reversal Strategy: Enter SHORT
• New Entry Zone: $0.08300 - $0.08500
• New Targets:
1. T1: $0.08000 (-6%)
2. T2: $0.07500 (-12%)
• New Stop Loss: $0.09000
Key Technical Points Justifying the Analysis:
1. Moving Averages (MA):
• The price is currently trading above the 7-day MA ($0.0852), 25-day MA ($0.0883), and the 99-day MA ($0.0813). This bullish alignment of MAs indicates a strong upward trend.
2. MACD:
• The MACD histogram is showing a bullish crossover on the 12-hour timeframe, suggesting growing upward momentum.
3. Volume Surge:
• The trading volume is significantly above the daily average, signaling strong buying interest and confirming the price movement.
4. Resistance Levels:
• $0.09900: Currently being tested as minor resistance.
• $0.12400: Strong overhead resistance, acting as a potential profit-taking zone.
5. RSI:
• RSI is around 63, indicating upward momentum but not yet overbought, providing room for price appreciation.
