$4 is currently trading near a major demand zone following a sharp liquidation move. The current structure looks interesting for a potential bounce.
BUY: $0.02450 $0.02718
SL: $0.02250
TP1: $0.03150
TP2: $0.03600
TP3: $0.04200
If the setup plays out and price confirms a break above $0.02950, $4 could have room to move toward the next resistance and target zones.
If the setup fails, clearly the key support level at $0.02400 would invalidate the bullish idea.
Manage your risk and don’t overleverage.
BUY: $0.02450 $0.02718
SL: $0.02250
TP1: $0.03150
TP2: $0.03600
TP3: $0.04200
If the setup plays out and price confirms a break above $0.02950, $4 could have room to move toward the next resistance and target zones.
If the setup fails, clearly the key support level at $0.02400 would invalidate the bullish idea.
Manage your risk and don’t overleverage.
