$STO / USDT Potential Long Breakout Trade Setup
Setup: Potential Long Breakout after consolidation near resistance.
Entry: $0.2185 - $0.2195 (above the recent high)
Stop Loss: $0.2150 (below the recent consolidation)
Targets:
* $0.2240
* $0.2300
* $0.2350+ (potential for further upside after initial targets)
Confirmation:
* Strong bullish candlestick breaking above $0.2180.
* Significant increase in volume during the breakout.
* Price holding above EMA(7).
Risk/Reward: ~1:2 to 1:4+
Leverage: 1x-3x
Watch for: Strong buying pressure on the breakout. Be cautious of a false breakout if the price quickly returns below $0.2180.
Trade here: click $STO