#BreakoutTradingStrategy
It forms a breakout beast.....
Its price surged from $2.67 to $2.91 in a single strong push, showing strong momentum for buyers and a breakout above the key resistance level. With a rise of +6.93% and strong green candles on the hourly chart, bulls clearly dominate the market.
Long trade settings:
Entry zone: $2.84 - $2.87
Target 1: $2.95
Target 2: $3.10
Stop loss: $2.78
Watch for the continuation of this rise if trading volume remains strong. This move could develop into a clear trend, as patience and precision are key factors here.
