ā
Trade Idea ā Long Setup:
š Entry Zone:
Around 0.01860 ā 0.01865 USDT
(on bullish confirmation like a green engulfing or hammer)
š”ļø Stop Loss (SL):
Below the trendline or recent swing low: 0.01840 USDT
šÆ Take-Profit (TP) Targets:
TP1: 0.01890
TP2: 0.01910
TP3: 0.01940 (Strong resistance)
š Risk-Reward Ratio: ~1:2.5
š¼ Ascending Trendline Support
Price is respecting a higher low structure, showing early signs of bullish momentum.
The ascending trendline is acting as a solid support zone.
š Bullish Breakout Attempt
Price briefly broke above the local resistance zone (gray box).
Pullback now retesting this breakout zone ā possible bullish retest forming.
š Rejection Candle Appeared
A bearish candle formed after testing the upper supply zone, showing temporary rejection.
However, the body is still holding near the breakout zone ā indicating potential continuation.
š Volume Analysis
Noticeable increase in green volume during the push up ā shows buyers stepping in.