#FalconFinance

🔎 Market Structure

Short-term trend: Relief bounce / early reversal

Medium-term trend: Still bearish

Price recently printed a higher low near 0.07098, which is important.

This looks like a dead-cat bounce turning into a potential trend reversal, but confirmation is still pending.

📉 Moving Averages (Key Signal)

MA(7): 0.07608 → Price is above, bullish short-term

MA(25): 0.07744 → Price just broke above, bullish momentum

MA(99): 0.08441 → Still overhead resistance, macro bearish

👉 Bullish crossover: MA(7) crossing above MA(25 = short-term momentum shift)

📊 RSI (6): 76.28

RSI is overbought

Indicates strong buying pressure, but also:

⚠ Short-term pullback risk

Late entries here are risky

Overbought doesn’t mean dump immediately — it means expect consolidation or retrace.

🔊 Volume Analysis

Big volume spike on the green candles

Confirms that the bounce is supported by real buying, not just low liquidity

This is a valid bounce, not a fake wick.

đŸ§± Support & Resistance Levels

đŸ”” Supports

0.07720 – 0.07600 (MA cluster, must hold)

0.07370

0.07098 (major demand zone / recent bottom)

🔮 Resistances

0.08070 – 0.08100

0.08420 – 0.08520 (major rejection zone + MA(99))

0.08770 (swing high)

📈 Bullish Scenario

If price:

Holds above 0.077

Consolidates without losing volume

Then targets are:

🎯 0.081

🎯 0.084

🎯 0.087 (only if market sentiment supports)

📉 Bearish Scenario

If price:

Gets rejected at 0.080–0.081

Loses 0.077 support

Then pullback likely to:

0.073 – 0.074

Worst case retest of 0.071

🧠 Trade Bias Summary

Scalp: Risky (RSI overbought)

Intraday: Wait for pullback to 0.076–0.077

Swing: Only bullish if 0.081 breaks with volume

Best play:

👉 Wait for a pullback + higher low before entering

👉 Chasing here = emotional entry