It is a bit of a weird one but I do like how oversold it is and how it held support on the trendline. It is a newer coin so a bit riskier form that perspective, but in terms of a setup the r/r seems good. For safer entry, I would wait for it to get above the yellow and test it for support and then buy if it holds. My target would be the top of the 4 hr ichimoku cloud.
I am not a financial advisor and these are just my opinions.
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.