🔍 Current Context:
Price is trading around $0.13007, just above a major reclaimed support demand zone ($0.126–$0.120).
4H Stochastic RSI is entering the overbought zone (high-risk for new longs).
Price has bounced off a local Fib level + trendline cluster.
Volume delta favors buys, but candles show hesitation near EMA zone.
✅ Most Probable Trade Setup: Bearish Reversal Sniper (Short Bias)
Reason: Price has rallied back into a key resistance zone + 4H EMA cloud, and Stochastic RSI is in overbought. Momentum is stalling under $0.1325. Unless bulls reclaim above $0.1345–$0.1355 cleanly, a rejection and pullback is highly probable.
🧨 Entry (Short):
Entry Range: $0.1320 – $0.1335 (as close to EMA ribbon & resistance cluster as possible)
🎯 Take Profit (TP1 Range):
TP1 Range: $0.1235 – $0.1215 → retest of reclaimed support
TP2 (optional): $0.1170 zone (deeper liquidity pocket)
🛡️ Stop Loss (SL):
Hard SL: Above $0.1358
OR above 4H swing high at $0.1370, if allowing some buffer
📉 Risk-to-Reward:
R: 0.0038
R:R ≈ 2.5–3.5 depending on exit zone
🕰️ Estimated Trade Duration:
TP1 zone hit could take 6–12 hours, based on 4H cycles
TP2 hit in 12–24 hours if momentum holds down
🔁 Invalidation:
Clean break and 4H candle close above $0.1358, invalidates short setup
In that case, wait for pullback to long above $0.136 if strength persists
🚨 Summary:
Most Probable Setup = Short
Reason: EMA rejection + Stoch RSI overbought + weak candle momentum
Action: Enter $0.1320–$0.1335 | SL above $0.1358 | TP1 $0.1235–$0.1215
Price is trading around $0.13007, just above a major reclaimed support demand zone ($0.126–$0.120).
4H Stochastic RSI is entering the overbought zone (high-risk for new longs).
Price has bounced off a local Fib level + trendline cluster.
Volume delta favors buys, but candles show hesitation near EMA zone.
✅ Most Probable Trade Setup: Bearish Reversal Sniper (Short Bias)
Reason: Price has rallied back into a key resistance zone + 4H EMA cloud, and Stochastic RSI is in overbought. Momentum is stalling under $0.1325. Unless bulls reclaim above $0.1345–$0.1355 cleanly, a rejection and pullback is highly probable.
🧨 Entry (Short):
Entry Range: $0.1320 – $0.1335 (as close to EMA ribbon & resistance cluster as possible)
🎯 Take Profit (TP1 Range):
TP1 Range: $0.1235 – $0.1215 → retest of reclaimed support
TP2 (optional): $0.1170 zone (deeper liquidity pocket)
🛡️ Stop Loss (SL):
Hard SL: Above $0.1358
OR above 4H swing high at $0.1370, if allowing some buffer
📉 Risk-to-Reward:
R: 0.0038
R:R ≈ 2.5–3.5 depending on exit zone
🕰️ Estimated Trade Duration:
TP1 zone hit could take 6–12 hours, based on 4H cycles
TP2 hit in 12–24 hours if momentum holds down
🔁 Invalidation:
Clean break and 4H candle close above $0.1358, invalidates short setup
In that case, wait for pullback to long above $0.136 if strength persists
🚨 Summary:
Most Probable Setup = Short
Reason: EMA rejection + Stoch RSI overbought + weak candle momentum
Action: Enter $0.1320–$0.1335 | SL above $0.1358 | TP1 $0.1235–$0.1215
Trade closed: stop reached
Note
Stpped out before hitting TP 1 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.