This $LISTA / USDT trade setup looks like a strong momentum play based on the breakout strategy. Here’s a quick breakdown and thoughts on how to manage it:
Trade Summary:
Current Price: $0.2217 (+14.93%)
Breakout Entry: $0.2230 – This is just above current price, so you're looking to catch it as it clears minor resistance.
Resistance Zones: $0.2270 and $0.2320 – Watch for reaction here; volume confirmation is key.
Targets:
T1: $0.2320 (short-term scalp)
T2: $0.2460 (medium range)
T3: $0.2600 (swing target)
Stop Loss: $0.2130 – Tight enough to protect capital but gives room for volatility.
Support Zones: $0.2130 (tight support), $0.1836 (major support, bottom of range)
Technical Insight:
Strong uptrend with minimal retracement = bullish strength.
Consolidating under resistance = usually a pre-breakout pattern (like a bull flag or ascending triangle).
Volume surge is your confirmation signal on the 15-min chart.
Pro Tip: If you're scalping or day trading, take partial profits at T1 and T2, then trail your stop for the rest toward T3. If this breaks $0.2270 with good volume and momentum, it could rip quickly.
Want me to chart this out for you or run a quick technical analysis to see if the breakout looks clean?