$4 is trading around 0.0251, holding steady after dropping into a key support region. On the 1H chart, candles are forming a small base above 0.0241, which has acted as strong demand twice. Price is currently sitting between EMA14 and the lower Bollinger band, showing that sellers are slowing down and momentum is shifting toward a short-term bounce.

Support levels are at 0.0241 and 0.0238, while resistance sits at 0.0264 and 0.0300, the level where the last sharp rejection occurred. Fundamentally, $4 still has decent trading volume for a micro-cap and continues to attract short-term scalpers who look for low-range rebounds. Sentiment is mildly positive because buyers defended the bottom aggressively, and the recent green candles with improving volume show early strength. Off-chart sentiment is also stabilizing, as no major negative news is present and liquidity remains healthy.

Overall, the structure favors a long scalp setup because the downside pressure is reducing and price is recovering from the lower band with improving momentum.

Long Entry Zone: 0.0248 – 0.0242

Take Profit 1: 0.0262

Take Profit 2: 0.0278

Stop Loss: 0.0224

This setup targets a clean bounce from support with manageable risk and clear short-term upside.

Long #4 Here 👇👇