🔥 $PRL USDT Long Setup (15M TF)
Market Structure:
Price is moving inside a rising channel after a strong impulsive move. Currently pulling back to a key support zone while maintaining higher lows → bullish continuation bias.
📊 Key Levels
Resistance: 0.3700 – 0.4040
Mid Support (0.5 Fib): ~0.3120
Golden Zone (0.618 Fib): ~0.2900
Invalidation: Below 0.2640
🟢 Entry Plan (Long)
Entry Zone:
➡️ 0.30 – 0.29 (current support + trendline confluence)
Alternative Safer Entry:
➡️ 0.29 – 0.31 (0.618 Fib + MA support)
🎯 Targets
TP1: 0.3700
TP2: 0.3900
TP3: 0.4040 (range high breakout)
❌ Stop Loss
➡️ Below 0.2640 (structure breakdown)
📈 Confluences
Ascending trendline support
Fibonacci retracement (0.5 – 0.618 zone)
MA support (7 / 25 / 99 aligned bullishly)
Higher low structure intact
🧠 Idea Summary
This is a classic pullback-to-support in an uptrend. As long as price holds the trendline and stays above the 0.29–0.31 zone continuatio towards 0.40 is likely.
#PRL #ZKJ #IR