$EUR USDT – BREAKOUT ATTEMPT FROM CONSOLIDATION RANGE

SUPPORT HOLDS STRONG NEAR 1.1610 ZONE

PRICE AIMING TO RETEST SUPPLY AROUND 1.1662

$EUR USDT is forming a clean base above the 1.1610 support zone and has begun to push upward. The consolidation range has held well, with buyers defending the lower bound. A long position is clearly defined here with a tight stop and a favorable risk-to-reward targeting the 1.1662 resistance zone.

If price holds above 1.1629 and breaks out with momentum, this setup could yield a clean upside move toward the highlighted supply zone.

Trade Setup (30m Chart)

Entry: 1.1629

Stop Loss: 1.1619

Take Profit: 1.1662

Risk-to-Reward: ~3:1

Watch for breakout candle close above minor highs. Confirmation via bullish engulfing or volume surge will add confluence.

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