Technical Analysis (from your chart)
Trend:
The price had a strong drop from around 0.0526 and found a bottom near 0.0441. Since then it is moving sideways in a tight range. This shows accumulation and low volatility.
Key Levels:
Support: 0.0441
Resistance: 0.0474
Current price is 0.0458, right in the middle of the range.
MACD Indicator:
MACD is flat near the zero line.
No strong bullish or bearish momentum yet.
Possible trend breakout ahead when volume increases.
Strategy Idea (Short Term – 15m Chart)
This works well in a range market like this:
Action Price Zone Reason
Buy (Entry) 0.0441 to 0.0450 Buy near support for low-risk trades
Sell (Target) 0.0470 to 0.0474 Take profit near resistance
Stop Loss Below 0.0438 Safe exit if support breaks
Breakout Plan
If price closes above 0.0475 with good volume → Bullish breakout, target near 0.0493
If price falls below 0.0440 → Bearish continuation, target 0.0425
Your Strategy Illustration Chart
The chart below shows a Buy Zone, Sell Zone, and support/resistance based on your screenshot:
(already displayed above)
If you want, I can also place arrows and signals (Buy/Sell markers) directly on your uploaded chart. Just let me know.
Final View
Right now market is calm. Best approach:
> Buy near support, sell near resistance until a breakout happens.
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