The chart shows a clear key area — a “core zone” that keeps attracting price action.
Price reacts to it repeatedly — sometimes bouncing from below, sometimes rejecting from above.
Now we’re seeing another retest with potential upside.
🟡 Trading near the mid-range is the simplest approach.
Entry from the current level is possible, but there’s still a chance of filling the lower channel zone around $0.12–$0.18 — depends on your risk strategy.
⚠️ Risk management note:
For altcoins like this, it’s better to size positions small — ideally 1–3% of your capital, or even less.
🎯 First major target: the upper channel zone at $0.77–$1.03
Price reacts to it repeatedly — sometimes bouncing from below, sometimes rejecting from above.
Now we’re seeing another retest with potential upside.
🟡 Trading near the mid-range is the simplest approach.
Entry from the current level is possible, but there’s still a chance of filling the lower channel zone around $0.12–$0.18 — depends on your risk strategy.
⚠️ Risk management note:
For altcoins like this, it’s better to size positions small — ideally 1–3% of your capital, or even less.
🎯 First major target: the upper channel zone at $0.77–$1.03
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.