The Daily trend is showing strong signs of a bullish reversal after a prolonged downtrend, while the 4H chart is beginning to establish a new uptrend. Price has been consolidating in a tight range, accompanied by a significant increase in volume, which suggests a period of accumulation is completing and a markup phase is imminent. A clear bullish divergence is present on the Daily RSI, where price made lower lows while the RSI formed a higher low, signaling that bearish momentum is exhausted.
The trigger for this entry is the momentum shift now visible on lower timeframes. The 1H RSI is likely crossing decisively above the 50 mark, confirming that buyers are taking control. Concurrently, the price is reclaiming key short-term EMAs, breaking out of the consolidation range. This setup is high-probability because it catches the very beginning of a potential trend reversal validated by multiple confluent signals: classic bullish divergence, a MACD crossover from below zero, and a powerful volume surge. We are entering as momentum builds, positioning for a significant expansion in price.
Actionable Setup Now (LONG)
Entry: market at 0.003662
TP1: 0.004100
TP2: 0.006500
TP3: 0.009500
SL: 0.003290
PTBUSDT
Perp
0.003676
+4.31%