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Technical Analysis:
Price has successfully broken above the recent consolidation range and is now sustaining above the former resistance, now turned support, at $1.32. The breakout is validated by increasing volume, indicating strong bullish momentum. This suggests a potential continuation move toward the $1.53–$1.55 resistance zone.
Trade Setup:
Entry Zone: $1.32 – $1.34
Target (TP): $1.53
Stop Loss (SL): $1.24