$CRYPTO20/USDT BULLISH ANALYSIS: ETF CATALYST IGNITES NEW RALLY POTENTIAL
The chart shows a clear bullish structure, supported by higher lows and strong buying momentum following the ProShares filing for the CoinDesk Crypto 20 ETF. The breakout above the resistance trendline confirms the shift toward accumulation, signaling a possible start of a mid-term uptrend.
Entry (Long): On a retest of the breakout zone.
Targets (TP): TP1: 6.80 | TP2: 7.45 | TP3: 8.20
Stop Loss (SL): Below 6.10 (major support zone)
Technical Outlook:
Volume expansion with RSI crossing 60 indicates rising demand. EMA alignment (20 > 50 > 100) supports continued upward movement, with potential for sustained momentum as ETF optimism grows.
Risk Management:
Use 2-3% risk per trade and adjust SL to breakeven once TP1 is hit to secure profits.
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