Audius
Long

AUDIO

AUDIO has done nothing interesting in the last 3 months (chart perspective).

But now, after the long retracement, price is near support around $1.4, we are near the break of the descending diagonal and the MACD is turning bullish. RRR is interesting.

This is not a buy signal yet. Typically, in such cases, you want to see a strong volume on the 4H or 1D to suggest a real breakout before entering a long position.

A successful retest of the horizontal support might be another (more aggressive) entry.
In any case, wait for bullish confirmation before going long.

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