Bullish MACD Crossover Signals Short-Term Bounce

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FHE’s 1-hour chart shows a bullish MACD crossover, with the MACD line crossing above the signal line at $0.00000079. This suggests short-term bullish momentum, supported by a slight uptick in trading volume. The price is approaching the 20-period EMA ($0.00000082), a key dynamic resistance. A break above could target $0.00000090, a 14% move. However, thin liquidity increases slippage risk.
Actionable Insight:
Go long on a break above $0.00000082, targeting $0.00000090. Set stop-loss at $0.00000077. Scalp cautiously due to low volume.

Chart Setup:
Timeframe: 1-hour

Indicators: MACD, 20-period EMA

Levels: Resistance ($0.00000082), Target ($0.00000090)

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