Price: $0.3425 (+14.8%)
Trading Levels: • Tp1 (Conservative): $0.3850 (Initial target to secure profits) • Tp2 (Intermediate): $0.4300 (Target based on the next key resistance) • Tp3 (Moonshot): $0.5200 (Extended target if the trend persists) • Stop Loss: $0.3100 (Strict capital protection)
Ideal entry zone: $0.3350 - $0.3425 ⚡ Momentum zone: $0.3550 - $0.3700
Technical Indicators:
• RSI (64.2): It sits in the neutral-high zone, reflecting strong recent buying pressure without yet reaching critical overbought levels (>70). This leaves an optimal trading margin to continue the bullish rally in the short term.
• EMA (9, 21, 200) and MA (50, 100): The fast exponential moving averages (EMA 9 and 21) show a clear bullish alignment. Also, the price remains comfortably above the MA 50, MA 100, and the EMA 200, confirming the strength of the primary trend in higher timeframes.
• MACD: The main MACD line is positioned above the signal line after a confirmed bullish crossover. The histogram shows green bars in steady expansion, indicating strengthening and the absolute dominance of the current buying impulse in the market.