#MastercardStablecoinCards Pattern Observed: Bullish Flag (Possible Breakout Setup)

Chart Details:

Ticker: NXPCUSDT (Perpetual)

Timeframe: 5M

Price: $2.66

Resistance Levels: $2.686, $2.784, $2.886

Support Levels: $2.591, $2.522

Trade Plan (Bullish Scenario):

Entry (Breakout Buy): Above $2.686 (bullish confirmation)

Target 1: $2.784 → Risk/Reward ≈ 1.5

Target 2: $2.886 → Risk/Reward ≈ 2.6

Stop-Loss: Below $2.59 (last support low)

Alternate (Fakeout Guard):

If price breaks below $2.59, consider short to $2.52.

Indicators Support:

MACD turning bullish

RSI near 43 → room to go higher

Conclusion: Wait for $2.686 breakout confirmation, then enter with SL at $2.59 for higher reward.

Great. Here's both a Long-Term Strategy and a Scalping Plan based on this chart:

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1. Long-Term Strategy (Intra-day Swing: 1–4 hours hold)

Pattern: Bullish Flag with strong breakout potential

Bias: Bullish above $2.686, Bearish below $2.59

Entry:

Buy: Above $2.686 (confirmed breakout with volume)

SL: $2.59 (swing low)

TP1: $2.784 → ~1.5x reward

TP2: $2.886 → ~2.6x reward

TP3: $2.97 (previous high) → ~3.8x reward

Risk/Reward Ratios:

TP1: ~1.5 : 1

TP2: ~2.6 : 1

TP3: ~3.8 : 1

Volume confirmation is key for holding longer.

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2. Scalping Plan (5m chart-based)

Setup: Range trading between $2.59 and $2.686

Bullish Scalping:

Buy near support: $2.59–2.60

TP: $2.66–2.68

SL: $2.57

Bearish Scalping (if rejection at $2.686):

Sell at resistance: $2.684–2.686

TP: $2.61–2.62

SL: $2.695

Scalp R/R: ~1.5–2.0

Indicators to Watch:

MACD cross on 1m/5m for quick confirmation

RSI extremes (overbought/sold for reversals)