In time h1, after exiting the density and stabilizing in the specified range, you can enter a buy position with a stop below the area for a short-term upward path. Therefore, according to the recent reform, it will have the ability to grow up to its previous supply area.
PA is bullish, price is so close from price discovery mood - any known resistance, those moves are explosive and fast, parabolic.
SPOT play.
NOT A FINANCIAL ADVICE, MANAGE YOUR RISK AND USE STOPLOSS
This currency has a falling trend in daily time and recently we saw the fall of this currency after encountering a downward trend.
But on the other hand, in the last 100 days, it has not had a floor lower than the previous one, so there is hope for growth in this currency.
As you can see, the support and resistance ranges for this currency have been determined and...
Optimism broke trough off the upper boundary of descending channel. Asset broke trough off the resistance level. Bullish movement to resistance level at 3.0 is expected to happen.
Trendline Breakout Has Already Confirmed
Entry Can Be Taken Here Or Can wait For retest
Expecting Massive Bounce In Miterm Stoploss Can Be Placed Below Last Swing Low
OP 6H support is now at ~$1.01
Enter 50% at the current price
and try to set some BUY orders near the support zone
If OP stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
