⚠️ Sharia notice:
This analysis is for educational purposes only and does not encourage trading in futures contracts or any prohibited transactions. The goal is to illustrate potential market movements and is not a direct recommendation to buy or sell.
The newly launched currency faced sharp sell-offs immediately after listing. The price dropped rapidly and is now stabilizing after the initial panic movement. This type of structure typically looks for a deeper test before it begins to recover appropriately.
If the price returns to the lower demand area and stabilizes, a strong rebound may follow with liquidity stabilization and clearing of early sellers.
Spot trading setup (the plan):
Potential entry area: 0.28 – 0.40
Exit area and potential target:
1: 0.45
2: 0.60
3: 0.75+
Patience is key here. Let the price enter the area and confirm strength before entering.
💡 Important notes:
- This analysis is for educational purposes only.
- Please study the market and make decisions based on your ability and risk tolerance.
- The author is not responsible for others' trading or their profit outcomes.