The pair $FIO
shows a gradual upward continuation on the 15-month chart, having reached its highest level at $0.01350 with higher lows. The current price is $0.01341, indicating that buyers are still in control of the market and expect further gains.
🔑 Key Levels
Support: $0.01309
Resistance: $0.01350
Current Price: $0.01341
---
📈 Trading Setup
✅ Long Entry: $0.01335 - $0.01342
🎯 First Profit Target: $0.01350
🎯 Second Profit Target: $0.01360
🎯 Third Profit Target: $0.01375
❌ Stop Loss: $0.01315
---
🌐 Market Outlook
The structure indicates bullish pressure with slight rebound candles. A breakout above $0.01350 could lead to further short-term gains to retest medium-term resistance levels.
⚠️ Risk Management
Always maintain a risk ratio of 1% to 2% per trade to protect your capital in fast breakout trades.