🌌 Analysis for $ANIME | 4h
- Price recently swept liquidity above the highest point of the latest swing move at 0.00927 and was sharply rejected, signaling potential bearish intent.
- The trend is bearish despite some bullish indicators; overall momentum and RSI remain bearish, which supports downside continuation.
- If price pulls back up without breaking above 0.00927, I expect another drop targeting the supports at 0.00756, 0.00715, and 0.00682. If bearish momentum accelerates, deeper moves to 0.00567 and even 0.00505 could play out, especially if the price fills the imbalance below.
- A possible trade is a short if price shows a bearish reversal pattern (such as a bearish engulfing or a pin bar) after retesting the 0.00900-0.00927 zone. Entry would be on confirmation of rejection with a take profit at 0.00715 then 0.00682. Stop-loss should be set above the recent swing high.
- My bias shifts to bullish only if price closes decisively above 0.00927 with strong volume and bullish structure; i...
