๐ฅ $S : FROM DUMP TO DOMINANCE ๐๐
After bottoming out at $0.3526, $S has bounced back with a strong +6.5% recovery, flipping key short-term resistance on the 4H chart.
Now trading around $0.4001 (+6.12%), this move is backed by rising volume and bullish structure โ signaling a possible trend reversal in motion.
๐ Long Trade Setup (Reversal Play):
โข Entry Zone: $0.398 โ $0.403
โข Take Profits:
โข TP1: $0.415
โข TP2: $0.426
โข TP3: $0.440
โข Stop Loss: $0.386 (below recent higher low)
๐ Key Technical Signals:
โ Break of descending structure
โ Higher lows forming
โ Volume confirming bullish intent
โ $0.405 breakout = potential continuation trigger
If momentum holds, $S could revisit prior highs in the coming sessions. Watch that $0.405+ level closely โ itโs the line between a fakeout and a breakout. โ ๏ธ
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