📊 RWA (Allo) – 4H Chart Quick Trade Setup
RWA is currently trading around 0.00317, showing signs of short-term stabilization after a drop. On the 4H timeframe, price has formed a local base near 0.00310, and selling pressure is slowly weakening.
🔍 Technical Snapshot:
• RSI (35–39) → Near oversold, downside momentum fading
• Price still below EMA 25 & EMA 99 → trend is not bullish yet
• Small green candles → bounce attempt, not breakout
🎯 Targets:
• Target 1: 0.00328 – 0.00332 (safe & realistic, 5–8%)
• Target 2: 0.00340 – 0.00345 (only if volume improves)
🛑 Invalidation / Stop-loss:
• Below 0.00308
💡 Strategy:
This is a short-term scalp, not a swing trade. With small capital, focus on quick profits and strict risk control. Exit if price fails to hold above 0.00325.
⚠️ Not financial advice. Trade smart, not emotional.
