The daily/4-hour trend is stabilizing at key support levels, showing signs of a bullish reversal, providing background support for long positions in lower time frames.
On the 15-minute chart, the price has rebounded from a low of 0.2594, forming a higher high and higher low structure. The key triggering signal is the 15-minute RSI indicator, which has decisively broken through and remained above the 50 midline, marking a shift in market momentum from bearish to bullish. At the same time, the price has broken through the EMA(7) and EMA(25) moving averages and is currently challenging the key EMA(99) resistance level. The logic for entering long positions now is that we are aligning with the newly formed bullish momentum. As the RSI confirms an increase in buying power, the likelihood of the price breaking through the EMA(99) is high, which will open up space to move toward previous highs. This is a high-probability momentum breakout setup, and risk can be strictly controlled below the EMA support level.
Immediate executable trade setup (long position)
Entry: Market price 0.2647
Take profit 1: 0.2685
Take profit 2: 0.2710
Take profit 3: 0.2745
Stop loss: 0.2618
