#BTCtrade
Buying Zone (Entry Point):
$3.30 – $3.42
This zone aligns with recent resistance-turned-support and the breakout candle’s consolidation.
It's also close to the 99-period MA ($3.374), which can act as support.
Stop Loss (SL):
$3.08
Below the recent swing low, giving the trade room to breathe while protecting from further downside.
Take Profit (TP):
TP1: $3.75 (near-term resistance)
TP2: $4.00 (psychological level and likely next resistance)
Trade Notes:
Momentum is strong (12.38% daily move), but price may pull back before continuing upward.
Volume has increased significantly, supporting the breakout.
Ensure you monitor BTC/ETH price action, as they influence altcoins like PENDLE.