Hello, family! Today I woke up with a surprise in my wallet: 24 tokens INUS as a gift. ๐ It seems like someone has been paying attention to my latest analyses, or has my charisma finally reached the headquarters? Either way, "you don't look a gift horse in the mouth," but the chart... that one we definitely expose completely. ๐ง
๐ฅ Technical Analysis: What the candles tell us
In the 1H chart, we see that the price is bravely struggling to stay up. After a scare that took us to 0.04302, INUS has regained ground and is now playing around the 0.0619x zone.
Resistance: We have an important wall at 0.06267. It has tried to break it several times without complete success. If we close a 4H candle above this level, prepare the coffee because we are going shopping. โ
EMAs: We are trading above the EMA 25 and 50 on short timeframes, indicating a healthy bullish momentum. However, on the daily, we are still under pressure, so be cautious!
Sentiment: The order book shows a 60% selling inclination, suggesting that there are strong hands wanting to take profits. Don't be the one who buys at the peak!
๐ฏ My Strategy (Personal, not financial advice):
Suggested Entry: I would wait for a confirmed retest at 0.06180 or a clear breakout of 0.06270.
Target 1 (Exit): 0.06650 (previous resistance zone on daily).
Target 2: 0.07000 (psychological).
Stop Loss: Essential at 0.05400. If it falls below that, better see you at the next stop. ๐
I know many of you ask me privately what I am trading... Well, if you like how I read the market without much fuss and with the truth upfront, you know which button to press up here. It costs you nothing and helps me keep sharing these gems. ๐โจ
And you? Do you already have your INUS or are you waiting for it to rise to buy at a high price? Tell me in the comments. ๐
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