INTW/USDT (4H): Will the bulls hold the most important EMA99 level? 📉➡️📈
After a powerful rally to the $37.40 peak, the coin went through a hard correction (-15% in a day) and is now stalled near a key area of the bullish structure — the EMA99 line ($29.27). What do the indicators say on the 4-hour timeframe?
📊 Technical picture:
• Compression at EMA99: Price has squeezed the key support level ($29.19–$29.27).
• Oversold: Fast RSI(6) fell to 20.02, and StochRSI dropped to an extreme 4.88 — sellers are significantly exhausted.
• MACD: It’s in the negative zone, but the downside momentum is slowing.
The priority scenario is a LONG on a rebound from the oversold zone with a return toward the mean values.
🎯 Trading plan (LONG):
• Aggressive entry: $29.15–$29.30 (current prices around EMA99)
• Conservative entry: $30.00–$30.20 (after a hold above EMA21/EMA50)
• Stop-loss: $28.20 (below the local low under EMA99)
📌 Move targets:
1️⃣ Target 1: $31.45 (+7.8%) — test of EMA50
2️⃣ Target 2: $33.20 (+13.8%) — close the local breakdown
3️⃣ Target 3: $35.50 (~+21.7%) — retest of the resistance zone
Trade 👉$INTW
After a powerful rally to the $37.40 peak, the coin went through a hard correction (-15% in a day) and is now stalled near a key area of the bullish structure — the EMA99 line ($29.27). What do the indicators say on the 4-hour timeframe?
📊 Technical picture:
• Compression at EMA99: Price has squeezed the key support level ($29.19–$29.27).
• Oversold: Fast RSI(6) fell to 20.02, and StochRSI dropped to an extreme 4.88 — sellers are significantly exhausted.
• MACD: It’s in the negative zone, but the downside momentum is slowing.
The priority scenario is a LONG on a rebound from the oversold zone with a return toward the mean values.
🎯 Trading plan (LONG):
• Aggressive entry: $29.15–$29.30 (current prices around EMA99)
• Conservative entry: $30.00–$30.20 (after a hold above EMA21/EMA50)
• Stop-loss: $28.20 (below the local low under EMA99)
📌 Move targets:
1️⃣ Target 1: $31.45 (+7.8%) — test of EMA50
2️⃣ Target 2: $33.20 (+13.8%) — close the local breakdown
3️⃣ Target 3: $35.50 (~+21.7%) — retest of the resistance zone
Trade 👉$INTW
