#REX entry analysis

🔎 Chart Analysis (15m timeframe)

Current Price: 0.02875

24h Range: 0.02544 – 0.02897 (price is near the top of the range).

Trend: Strong uptrend from 0.02606 → 0.02897.

Moving Averages (MA):

MA(5): 0.02863

MA(10): 0.02840

MA(20): 0.02783
→ Price is above all short-term MAs = bullish momentum.

MACD: Positive, DIF > DEA = confirms bullish trend.

Volume: Spikes during upward moves → buying pressure is strong.

✅ Positives for Long Entry

Trend is clearly bullish (higher highs, higher lows).

MAs are aligned in bullish order (5 > 10 > 20).

MACD shows bullish crossover.

⚠️ Risks

Price is already near 24h high (0.02897) → possible short-term resistance.

Small timeframe (15m) → fast moves, false breakouts possible.

🎯 Trading Plan (Suggestion)

If you want to go long:

Entry Options:

Aggressive: Enter now at 0.0287–0.0288 (ride momentum).

Safer: Wait for a pullback near 0.0282–0.0284 (closer to MA10).

Stop-Loss: Below 0.0278 (under MA20 / last support).

Take Profit Targets:

TP1: 0.0292 (psychological + breakout level).

TP2: 0.0300 (round number, likely resistance).
.