$FUN
🧠 Technical Summary
Trend: Bullish structure with higher lows → Confirmation of the trend.
Chart signal: Clean continuation candles on the 30-minute chart – Strong momentum throughout the day.
Price movement: Floating just below resistance ($0.00402), adding pressure for a breakout.
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📊 Trading Plan Summary
Item Level
Entry Zone $0.00395 – $0.00402
Breakout Confirmation Above $0.00405
Targets TP1: $0.00415<br>TP2: $0.00430<br>TP3: $0.00455
Stop Loss $0.00385
Support $0.00390
Resistance $0.00402
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🔍 Strategic Insights
Volume is key: If the price breaks $0.00405 without volume, it may be a false move. Wait for confirmation with an increase in volume (e.g., 2x average over 5–15 minutes).
Scaling in: A good idea to distribute entries in the $0.00395–$0.00402 area. This provides flexibility and a better average entry.
Risk to reward ratio:
Risk: 10–17 points
Reward (TP1–TP3): 13–60 points → Favorable, especially if targeting TP2+
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🚩 Caution Signs
Be prepared for a retest after the initial breakout.
Watch BTC/ETH price movement — sudden moves may affect altcoins such as $0.00455.
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🛠️ Optional Enhancements
Set alerts at $0.00405 and $0.00415.
Consider trailing stop loss after TP1 to secure profits.
