Technical Analysis – [COIN NAME] (Daily Chart)

[COIN NAME] is currently trading within a consolidation zone after a strong upward move. Price is testing key resistance at $X.XX, with declining volume indicating a potential breakout setup.

Key Technical Indicators:

RSI: Holding above 55, suggesting bullish momentum

MACD: Bullish crossover confirmed

Support: $X.XX

Resistance: $X.XX

Trade Outlook (Short-Term):

If price breaks and closes above resistance with volume, expect the following upside targets:

Target 1: $X.XX

Target 2: $X.XX

Target 3: $X.XX

Risk Management:

Stop-loss suggested below $X.XX (recent swing low). Wait for breakout confirmation to avoid false signals.

Market Context:

News flow and sentiment remain neutral-to-positive. Watch for upcoming announcements or broader market moves to add momentum.

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