š My 4H analysis
Current: ~0.01735ā0.0179
MA(7): 0.01541 ā bullish
MA(21): 0.01475 ā bullish
MA(200): 0.01179 ā long-term trend bullish
Price broke strongly above the previous 0.0137ā0.0150 consolidation
Major immediate resistance: 0.0180
Next resistance/target: 0.0190ā0.0196
Important support: 0.0160ā0.0165
Stronger support: 0.0152ā0.0155
š¢ Preferred LONG setup
Wait for a pullback rather than entering immediately.
LevelAction 0.0162ā0.0167
Potential LONG entry
0.0152Stop-loss
0.0180TP1
0.0190TP2
0.0196TP3
If price reaches 0.0162ā0.0167 and produces a bullish reversal candle on 1H/4H, that would be much better than entering now.
š Breakout LONG alternative
If W breaks 0.0180ā0.0181 with strong volume and a 1H/4H candle closes above it:
Entry: 0.0181ā0.0183
SL: ~0.0171
TP1: 0.0190
TP2: 0.0196
TP3: 0.0205+
Don't enter merely because the price briefly spikes above 0.0180āwait for confirmation.
š“ SHORT setup
I would not short it right now simply because it has risen a lot.
A short becomes more interesting if:
4H closes below ~0.0152, followed by a failed retest of 0.0152ā0.0155.
Possible setup:
Entry: 0.0150ā0.0154 after failed retest
SL: ~0.0161
TP1: 0.0142
TP2: 0.0136
TP3: 0.0129
ā ļø Very important about your leverage
Your screenshot shows another position using Cross 20x. I would not use 20x on WUSDT for this setup. WUSDT is capable of very rapid moves, and Binance's W perpetual is a leveraged derivative with funding settlements every four hours.
For this trade I'd prefer 2ā3x isolated, with the actual position sized so that your maximum account loss at the stop is only about 0.5ā1%.
The best risk/reward is LONG on a pullback around 0.0162ā0.0167, or a confirmed breakout above 0.0181. I would avoid buying at ~0.0178ā0.0180 immediately after this large pump.
