$UB Focus on the long side. The market is currently late in chasing shorts, which could actually be a noteworthy reversal point.



From the price action, the daily chart continues to look bullish overall, and the 4-hour timeframe also supports a long-side structure. Current price has shown a clear reaction in the demand zone between 0.10344 and 0.10433. Looking at the 15-minute chart, RSI is around 48, momentum is roughly neutral, and there may still be upside. Meanwhile, the 15-minute volume data also shows that real buy orders are providing support.

If you consider going long near this level, you can watch several target zones above at around 0.107 to 0.112. In terms of execution, be sure to manage risk: place a stop-loss near 0.0996 and don’t go in too heavy.
UB1.69%
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