$THE BREAKOUT CONFIRMED โ MOMENTUM IS ACCELERATING ABOVE 0.0600 ๐ฅ
Entry: 0.0618 โ 0.0628 ๐ฅ
Target: 0.0655 ๐
Target: 0.0685 ๐
Target: 0.0715 ๐
Stop Loss: 0.0588 โ ๏ธ
Price has reclaimed the 0.0600 resistance level and turned it into support on the 4H timeframe. The recent base breakout shows increasing buying pressure with volume climbing steadily. A clean hold above 0.0610โ0.0620 would confirm buyers are in control, setting up a move toward the previous swing high near 0.0718. Momentum readings on the 4H RSI are constructive and not yet overbought.
The risk-to-reward on the first target alone is better than 1:2. Do you see this breaking through 0.0715 or stalling before that?
Not financial advice. Always manage your risk.
#THE #LongSetup #MomentumBreakout #Altcoins #Crypto
๐ฅ
Entry: 0.0618 โ 0.0628 ๐ฅ
Target: 0.0655 ๐
Target: 0.0685 ๐
Target: 0.0715 ๐
Stop Loss: 0.0588 โ ๏ธ
Price has reclaimed the 0.0600 resistance level and turned it into support on the 4H timeframe. The recent base breakout shows increasing buying pressure with volume climbing steadily. A clean hold above 0.0610โ0.0620 would confirm buyers are in control, setting up a move toward the previous swing high near 0.0718. Momentum readings on the 4H RSI are constructive and not yet overbought.
The risk-to-reward on the first target alone is better than 1:2. Do you see this breaking through 0.0715 or stalling before that?
Not financial advice. Always manage your risk.
#THE #LongSetup #MomentumBreakout #Altcoins #Crypto
๐ฅ