Hello, family! Today I woke up with a surprise in my wallet: 24 tokens INUS as a gift. 🎁 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. 🧐
🔥 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. ☕
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!
🎯 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. 📉
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. 😉✨
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. 👇
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