Technical Analysis: $C (4H)
The current trend is strongly bullish, with the price operating above all moving averages (MA7, MA25, MA99) and RSI in overbought territory (91), indicating extreme buying strength.
Trend: Bullish.
Entry Zone: Between 0.0880 and 0.0910 (waiting for a slight correction or immediate support test).
Take Profit 1 (TP1): 0.0995 (Recent high).
Take Profit 2 (TP2): 0.1050 (Psychological resistance).
Take Profit 3 (TP3): 0.1120 (Trend extension).
Stop Loss (SL): 0.0830 (Below the short average to protect against sharp reversal).
Capital Protection: Trailing Stop
The Trailing Stop is a mobile order that follows the price as it moves in your favor, but remains static if the price falls.
How it works: If you set a Trailing Stop of 5%, the sell trigger will automatically rise along with the appreciation of the asset. If the price drops 5% from the highest point reached after activation, the order executes the profit.
Protection Tip: Use the Trailing Stop as soon as the price reaches TP1. This allows you to "let the profit run" in explosive trends like this, ensuring that you do not exit too early from a larger uptrend, while protecting the gain if the market suddenly reverses.
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