$T
A large bullish candle surged to around 0.0076 this morning, followed by a steady pullback with successive bearish candles. The highs gradually declined, and momentum clearly weakened.
Support levels: 0.0060 / 0.0054 / 0.0045
Resistance levels: 0.0066 / 0.0070 / 0.0076
My personal trade: Short
Entry: 0.0064–0.0066
Stop-loss: 0.0073
Take-profit: First target 0.0048; second target 0.0038.
After the short-term surge, upward momentum has faded, making a pullback more likely. Place the stop-loss above the previous high to leave some room; the risk-reward ratio improves with a deeper correction.
A large bullish candle surged to around 0.0076 this morning, followed by a steady pullback with successive bearish candles. The highs gradually declined, and momentum clearly weakened.
Support levels: 0.0060 / 0.0054 / 0.0045
Resistance levels: 0.0066 / 0.0070 / 0.0076
My personal trade: Short
Entry: 0.0064–0.0066
Stop-loss: 0.0073
Take-profit: First target 0.0048; second target 0.0038.
After the short-term surge, upward momentum has faded, making a pullback more likely. Place the stop-loss above the previous high to leave some room; the risk-reward ratio improves with a deeper correction.