There is a strong upward momentum from 0.095 → 0.1045
Currently, the price is consolidating under the high (0.104–0.105)
EMA(7) ≈ price → short-term weakness, but:
EMA(25) and EMA(99) below → trend is still upward
MACD has started to fade → there is a local loss of momentum
Key levels:
Resistance: 0.1045 – 0.105
Support: 0.100 – 0.099
Below: 0.096 (stronger level)
Conclusion:
❗ Right now, a short 'head-on' is risky.
Why:
This is not a reversal, but so far a flag/accumulation after the impulse
There is no clear break of the structure (LH/LL)
When a short makes sense:
✔ If:
the price breaks down 0.100 and consolidates
or gives a clear bounce from 0.104–0.105 with rejection (long shadows, weak volumes)
Alternative:
👉 Long looks more logical if:
holds 0.100
or there will be a breakout of 0.105 with consolidation
Essence:
Right now, this is not an entry point, but a solution zone.
Or you wait for confirmation down — and then short,
or you work from support — and then long.
