📈 *Breakout in Progress – But Caution Ahead!*
*Current Price:* 14.33
*Breakout Target:*17.73 USDT
The asset is currently pushing toward a *bullish breakout*, eyeing a target of *17.73*, but the *RSI is entering overbought territory*, which signals that a *short-term correction* or consolidation may be due before another leg up 🔄
📊 *Analysis:*
- Momentum is strong — recent candles show bullish volume
- RSI above 70 indicates potential exhaustion ⚠️
- The breakout zone was cleared around13.90, acting now as strong support
- Pullbacks to this level could provide a healthy entry if trend resumes
🎯 *Take Profit Levels:*
- *TP1:* 15.80 – recent swing high, minor resistance
- *TP2:*16.90 – previous structure from 2024
- *TP3:* 17.73 – projected full breakout target 🚀
🛑 *Stop-Loss:*
- *13.60* – below breakout confirmation; if breached, trend could weaken
📌 *Strategy Tips:*
- If you're already in profit, take partial profits at TP1 to reduce risk
- Watch RSI cooling off; a small dip could be a good re-entry
- Use tight stop-losses if entering now, or wait for a dip to reload
🚨 *Reminder:* Overbought conditions don’t always mean reversal — just potential *short-term pressure*. The mid-term structure remains bullish if support holds 🛡️