$4 shows an impressive bullish rally impulse after breaking out of a prolonged sideways range and is preparing to retest the $0.02500 high, with the potential to move toward $0.02700+ to trigger liquidations!
$4 - 🟢 LONG · Confidence 80%
Trading plan:
• Entry zone: 0.02320 – 0.02440
• SL: 0.02180
• TP1: 0.02500
• TP2: 0.02650
• TP3: 0.02800
Why this setup?
• On the 1h chart, price is rising sharply along EMA7 ($0.02099), leaving EMA25 ($0.01803) and EMA99 ($0.01605) far behind, confirming exceptional buyer dominance.
• On the heatmap above the current price level, a large pool of short liquidations is highlighted in the $0.02550–0.02750 range (with a bright zone near $0.02650), acting as a powerful magnet for price.
• Huge volumes on bullish candles indicate a massive inflow of capital and a lack of serious resistance from sellers.
• The stop-loss is placed below the nearest local pullback level ($0.02180) to protect against possible profit-taking by short-term traders.
Can the asset maintain momentum, break through $0.02500, and reach the next liquidity pool near $0.02700?
⚠️ Analysis is for informational purposes only. NFA — manage risk and DYOR.