$IO š š
Chart Overview
Trend: Price is in a strong upward trend with a confirmed breakout above recent consolidation.
Momentum: Indicators (RSI, MACD) suggest bullish momentum is building and sustaining.
Candles: Series of strong green candles show buyer dominance.
Volume: Rising volume supports the breakout strength.
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š Technical Analysis
Support Zone: 0.620 ā 0.628 USDT (breakout retest area).
Immediate Resistance: 0.650 USDT
Next Resistance Levels: 0.670 ā 0.695 USDT if momentum continues.
Bias: Bullish as long as price holds above 0.620 USDT.
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šÆ Trading Setup
Entry Zone: 0.630 ā 0.638 USDT (buy near support/retest).
Stop-Loss: 0.615 USDT (below support).
Take Profit Targets:
TP1: 0.650 USDT
TP2: 0.670 USDT
TP3: 0.695 USDT
ā Setup: Breakout with strong momentum suggests continuation. Holding above 0.620 USDT keeps bulls in control, aiming for 0.670ā0.695 USDT.
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ā ļø Disclaimer: This is technical analysis only, not financial advice. Always use proper risk management.