The 4H chart trend is bullish, with prices clearly breaking above the long-term downtrend line and creating higher highs, indicating a shift in market structure from bearish to bullish. Currently, prices are experiencing a healthy pullback from the supply zone at $0.02029.
The trigger signal is based on the 1H/15m timeframe. We expect the Relative Strength Index (RSI) to find support above the 50 level or to decisively cross above 50 again after a brief dip, indicating that short-term bullish momentum is resuming. Prices have pulled back near the key Exponential Moving Average (EMA), providing us with a high-probability entry opportunity as we buy the dip in a new uptrend to capture the next wave of upward movement.
Executable trade setup ([Long])
Entry: Market price at 0.01934
Take Profit 1: 0.02141
Take Profit 2: 0.02349
Stop Loss: 0.01796
$BRETT
BRETTUSDT
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GIGGLEUSDT
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$CUDIS
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