🚨 $AZTEC /USDT – 1H Analysis (Long Bias but Risky at Top)
Entry: 0.02880 – 0.02920
TP: 0.03100 / 0.03250
SL: 0.02680
Accuracy: 62%
Risk/Reward: ~1:2
Reasoning:
Price is strongly bullish with EMA(7) above EMA(25) and clear momentum expansion. We just tapped the 24h high around 0.03097 and currently consolidating slightly below it. However, RSI(6) is above 90, which signals heavy overbought conditions on 1H timeframe.
This means momentum is strong, but chasing at the top is risky. Best scenario is a small pullback toward 0.0288–0.0290 zone (previous breakout area + short-term EMA support) before continuation toward 0.031+ liquidity.
If price loses 0.0268, structure weakens and deeper correction toward 0.025 zone becomes likely.
This is momentum continuation setup — not early entry. Manage risk strictly.
Trade $AZTEC here👇
