$GENIUS Market context
Price has already moved strongly from 0.50 to ~0.71
It is approaching resistance around 0.74
RSI is elevated (overbought), which increases the probability of a pullback
This means the trend is bullish, but entry timing is not ideal right now.
Option 1: Pullback long (preferred)
Entry zone:
0.66 – 0.68
Stop-loss:
0.62
Targets:
0.74
0.80
0.88
Reasoning:
You are buying after a correction instead of chasing. This improves risk/reward and reduces the chance of entering at the top.
Option 2: Breakout long
Entry condition:
4h candle closes above 0.75 with strong momentum
Stop-