Let’s analyze CORE/USDT 4H chart step-by-step

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Chart Observations:

1. Trend:

Strong downtrend for quite a long time.

Recently a small bullish bounce near 0.468000 level.

2. Moving Averages (MA):

MA9 (0.4919) is slightly below the price — indicating early stage of possible reversal.

MA30 (0.5246) is still well above — so longer term still bearish but short-term buyers trying to push.

3. MACD:

MACD lines are very close to cross bullish.

Histogram starting to turn green — indicating some bullish momentum building up.

4. Volume:

Recent green candle shows volume spike — suggesting buyers stepping in around 0.468000.

5. Support/Resistance Levels:

Support: 0.4680 (strong recent support zone)

Resistance Levels: 0.5044 → 0.5246 → 0.5506

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Trading Plan Suggestion:

🟢 Entry:

Enter around 0.4950 to 0.4920 (slight pullback entry after breakout candle).

🔴 Stop Loss:

Place stop loss below 0.4680, ideally around 0.4650 — to protect against false breakout.

🎯 Target Zones:

First Target (TP1): 0.5040

Second Target (TP2): 0.5240 (near MA30 resistance)

Third Target (TP3): 0.5500 (if strong breakout continues)

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Extra Notes:

Watch MACD crossover confirmation on next candles.

If price breaks 0.4680 downside, better to stay out — continuation of downtrend likely.

This setup is a short-term counter-trend bounce inside a larger bearish tren