$THE /USDT ā BULLISH WITH CAUTION, BREAKOUT AHEAD? šā ļø
Current Price: $0.3117 (+2.84%)
Trend: Bullish momentum facing resistance
Key Levels:
Support: $0.3104 / $0.2891 (24h Low)
Resistance: $0.3224 (24h High & breakout level)
MA60: $0.3124 ā acting as resistance
Technical Outlook:
Price is testing MA60 and key resistance at $0.3224 with buyers holding 54.73% dominance. A confirmed breakout above $0.3230 could trigger further gains.
Trade Setup ā LONG ENTRY
Entry: $0.3230 (on breakout confirmation)
Take Profit (TP):
ā¢ TP1: $0.3350
ā¢ TP2: $0.3500
Stop Loss (SL): $0.3050 (below support)
Risk Management:
Keep risk at 1-2%, confirm volume breakout, and trail SL after TP1.
Prepare for potential upside but stay alert for reversal!
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