$VOXEL / USDT Potential Long Breakout Trade Setup
Setup: Potential Long Breakout after consolidation near resistance.
Entry: $0.1001 - $0.1005 (above the recent high)
Stop Loss: $0.0990 (below recent consolidation and EMA(7))
Targets:
* $0.1040 (previous high)
* $0.1070
* $0.1100+ (potential for further upside)
Confirmation:
* Strong bullish candlestick breaking above $0.1000.
* Significant increase in volume during the breakout.
* Price holding above EMA(7) and EMA(25).
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-5x (higher volatility, manage risk carefully)
Watch for: Strong buying pressure on the breakout. Be cautious of a false breakout if the price quickly returns below $0.1000.
Trade here: click $VOXEL
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