$DATA is preparing for the next phase of a strong ascending channel....
$DATA has exited the consolidation phase with stable green candles on the 1H chart, forming higher lows within a narrow ascending channel. The volume continues to support the movement, and the price is now approaching the main resistance area of 0.01575. If the upward momentum continues, further increases are likely.
Trade Setup:
• Entry Area: 0.01520 – 0.01535
• Target 1: 0.01575
• Target 2: 0.01620
• Target 3: 0.01690
• Stop Loss: 0.01480
Professional Tip: Watch closely for a retest of 0.01520—if there is a strong rejection of the wick, it could be the perfect signal to enter the next upward push. $WCT