Price rebound from support zone and looks promising to reach 400 target.
I would check at 15m the SMA50 trendline to monitor price upwards.
Good volume should be:
800+ at 15m
2.5k at 1h
10k at 4h
A good volume is around 120k in 4h candle.
At least 3 green or red candles OR a good amount of volume (120k +) could be the signal to enter trades.
In gray you can find support zones and in green resistance or possible targets.
A possible bullish sign right now is that the price reached 30 RSI.
We are getting close to the support level of the trendline and also to the next resistance level. The next hours will be critical to confirm if we are in a trend reversal or the upward wave was just a correction from the dip.
The momentum indicators says we are going down
