🔥 0.005000 A huge bullish candle sliced straight through the moving averages, but the strategy didn’t chase it.
The 15m close was 0.005000, still 6.94% below the top of the moving-average cluster.
💀 It looks like a bounce, but price is still trapped in the bears’ cage.
The previous low at 0.004766 held firm, the MACD histogram just turned positive, and RSI is at 40.9.
Four cards are on the table: oversold without making a new low, MACD turning positive, and bullish clusters on both the 4h and 1d. The 1h is still stuck below the bearish cluster, dragging things down.
🎯 I watched 0.005000 and stayed on the sidelines, with a long order quietly resting at 0.004766.
⚡ Stop-loss at 0.004761—just 5 points and I’m out.
If it doesn’t fill within 20 15m candles, cancel and walk away.
This isn’t bottom-fishing; it’s a shot at an oversold recovery amid the bears.
Would you chase 0.005000, or wait with me at 0.004766?
⚠️ Technical analysis is for reference only and does not constitute investment advice.
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