🔥🔥🔥Entry range is between $0.2350 and $0.2520, with a stop loss placed at $0.2580. Profit targets are set at $0.2195 and $0.2079, with an extended target around $0.1990.
Price is currently near $0.2286 after a strong push up to $0.2522, which marked the 24-hour high. The area between $0.235 and $0.252 stands out as a key supply zone and is where selling pressure is expected. On the downside, support levels are seen first at $0.2196, then $0.2079, with $0.1990 acting as a deeper support and the 24-hour low.
RSI on the 12-period is around 59.7 and the 24-period RSI is near 54.5, suggesting momentum is elevated but not overextended, likely stretched after the recent impulse move. MACD remains positive, meaning the broader trend still favors the upside, so this trade is more of a rejection or pullback play and requires tight risk control.
If price fails to hold above the $0.235–$0.252 zone, a pullback toward $0.2195, then $0.2079, and possibly $0.1990 is expected. However, a strong break and sustained move above $0.2522 to $0.2580 would invalidate the short idea and point to further upside continuation.
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