$OP Buy & Sell Setups (Mid-term)
Current structure suggests that OP has entered an accumulation zone, where I expect a mid-term relief rally to begin. As long as price holds the $0.0900–$0.0965 support area, the primary outlook remains bullish toward the $0.3500–$0.3700 resistance zone.
The first short-term target is $0.1290, but I do not expect the rally to end there. Instead, I expect the uptrend to continue, with $0.1290 acting as an intermediate milestone on the way to the main target.
Buy Zone: $0.0900–$0.0965
Short-Term Target: $0.1290
Main Sell Zone: $0.3500–$0.3700
Once price reaches the $0.3500–$0.3700 resistance area, I expect the relief rally to complete, followed by a bearish continuation into the $0.0120–$0.0150 final accumulation zone.
Final Accumulation Area: $0.0120–$0.0150
Current structure suggests that OP has entered an accumulation zone, where I expect a mid-term relief rally to begin. As long as price holds the $0.0900–$0.0965 support area, the primary outlook remains bullish toward the $0.3500–$0.3700 resistance zone.
The first short-term target is $0.1290, but I do not expect the rally to end there. Instead, I expect the uptrend to continue, with $0.1290 acting as an intermediate milestone on the way to the main target.
Buy Zone: $0.0900–$0.0965
Short-Term Target: $0.1290
Main Sell Zone: $0.3500–$0.3700
Once price reaches the $0.3500–$0.3700 resistance area, I expect the relief rally to complete, followed by a bearish continuation into the $0.0120–$0.0150 final accumulation zone.
Final Accumulation Area: $0.0120–$0.0150