The Daily/4H trends are Bullish, establishing a clear high-timeframe upward trajectory after an initial explosive launch. The price has completed a healthy pullback from the 0.08782 high and is now showing signs of accumulation and support-building above the 0.05800 level. This corrective phase appears to be concluding, setting the stage for the next impulsive move higher.
The trigger for a long entry is materializing on the 1H chart. Price is starting to pivot upwards, holding above the short-term EMAs which are beginning to curl up, signifying dynamic support. More importantly, the 1H RSI is now decisively crossing above the 50 level. This crossover is a key signal that bearish momentum from the pullback is exhausted and bullish momentum is now taking control for a potential trend continuation. Entering now is a high-probability trade as we are catching the beginning of a new impulse wave after a classic retest of support, with confirmation from the RSI momentum shift.
Actionable Setup Now (LONG)
Entry: market at 0.06225
TP1: 0.07150
TP2: 0.08100
TP3: 0.08780
SL: 0.05785
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NIGHTUSDT
Prep
0.06677
+6.73%