$WHITE Head-and-Shoulders Pattern Forming

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Analysis: A head-and-shoulders pattern is emerging on the 1-hour chart, with the neckline at $0.0005000. The price at $0.000527 is testing the right shoulder, and a break below the neckline could target $0.0004400, a prior demand zone. MACD is crossing bearish, and volume is thinning on upticks, signaling weak bullish conviction.
Key Levels:
Entry: $0.0005000 (on break)

Stop Loss: $0.0005400

Target: $0.0004400 (12% downside)
Risk/Reward: 2:1
Confirm the pattern completion before entering.

Feragatname

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