$NANCE TECHNICAL ANALYSIS – BULLISH BREAKOUT EXPECTED
The $NANCE chart shows a strong bullish momentum after bouncing from the 24h low at 0.002363 and making a significant recovery. The recent surge indicates buyers are stepping in near key support levels, suggesting potential continuation of the upward trend.
Long Entry: Consider entering at 0.003850 – 0.003900 zone.
Take Profit (TP) Targets:
TP1: 0.004100 (near previous 24h high)
TP2: 0.004162 (resistance test)
TP3: 0.004300 (next psychological resistance)
Stop Loss (SL): 0.003620 (below strong support to minimize risk)
Risk Management: Keep position sizing conservative; risk no more than 2–3% of your trading capital per trade. Monitor volume for confirmation of trend continuation.
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