$1000SATS - Momentum Gaining Above Key Support! 🚀
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Entry Range: 0.0001380 - 0.0001410
Target 1: 0.0001500
Target 2: 0.0001580
Stop Loss: 0.0001300
Market Overview:
1000SATS has broken out of its consolidation phase, with an 8.29% increase in the last 24 hours. The breakout above the 0.0001380 resistance level confirms bullish momentum, as higher highs and higher lows are forming on the 4-hour chart. Volume is rising, signaling strong buyer interest.
Key Levels to Watch:
Immediate Resistance: 0.0001500
Immediate Support: 0.0001380
Analysis:
The price action suggests continued bullishness as long as the token sustains above the 0.0001380 support. With the next major target at 0.0001580, traders can look to secure partial profits at 0.0001500. Risk management is critical, with the stop loss set at 0.0001300 to protect against potential reversals.
Pro Tip: Watch for retests near the entry range for potential add-on opportunities.