$GENIUS
Trading opportunities
Short term: Watch the support zone between $0.3646 and $0.3609 for a bounce from the sell-off peak. Enter only if the 5-minute RSI indicator confirms the reversal and the quantity stabilizes.
Medium term: Wait for a close above $0.3769 on the 1-hour chart to confirm the resumption of the trend. Target $0.3929 if the price regains the bullish structure and the medium move of the 20-period period.
Long term: Treasury growth and CZ’s support support the viability, but the price must maintain the demand zone between $0.3540 and $0.3550 to preserve the broader uptrend on the 4-hour chart.
Trading opportunities
Short term: Watch the support zone between $0.3646 and $0.3609 for a bounce from the sell-off peak. Enter only if the 5-minute RSI indicator confirms the reversal and the quantity stabilizes.
Medium term: Wait for a close above $0.3769 on the 1-hour chart to confirm the resumption of the trend. Target $0.3929 if the price regains the bullish structure and the medium move of the 20-period period.
Long term: Treasury growth and CZ’s support support the viability, but the price must maintain the demand zone between $0.3540 and $0.3550 to preserve the broader uptrend on the 4-hour chart.