The currency $PTB has shown strong resilience, currently trading around $0.00276. The 15-minute frame indicates a break above the previous accumulation zone at $0.0021, with buyers now targeting the psychological resistance level of $0.0030. Trading volume is good, but we are nearing overbought levels, making quick profit-taking necessary.
📊 Technical Analysis for Speculation (15-minute frame)
Immediate Support: $0.00273 (last support) and $0.00261 (EMA 7 line).
Immediate Resistance: $0.00286 (highest price in 24 hours) and $0.00300.
Indicators: * RSI (6): at level 68, approaching the overbought zone (70)—watch for a slight correction before the next breakout.
Trading volume: Trading volume surged to $8.16 million over 24 hours, confirming the strength of the current trend.
⚡ Trading Plan (Long Scalp)
Entry Zone: $0.00271 – $0.00275
Take Profit (TP):
Target 1: $0.00285 (quick exit within two hours)
Target 2: $0.00298 (testing main resistance)
Stop Loss (SL): $0.00264
Risk Ratio: 1:2.4 ⚖️
Discussion Question: Will you take your profits at the peak of $0.0028, or will you wait for a breakout above $0.0030? Share your plan! 👇
