✅ Entry: 0.2437 USDT
🎯 Targets:
First Target: 0.2600 USDT
Second Target: 0.2750 USDT
Third Target: 0.2850 USDT
❌ Stop Loss: 0.2291 USDT
🧠 Analysis Explanation:
The price is consolidating within a symmetrical triangle and currently testing the breakout zone near dynamic support.
An upward breakout could trigger a strong bullish move, in line with the ascending trendline support.
RSI is recovering from oversold levels, indicating potential momentum shift.
The setup offers a favorable risk/reward ratio, with the stop loss just below key support.
⚡️ Note: Wait for confirmation of breakout before entry. Use appropriate risk management based on your trading plan.
🎯 Targets:
First Target: 0.2600 USDT
Second Target: 0.2750 USDT
Third Target: 0.2850 USDT
❌ Stop Loss: 0.2291 USDT
🧠 Analysis Explanation:
The price is consolidating within a symmetrical triangle and currently testing the breakout zone near dynamic support.
An upward breakout could trigger a strong bullish move, in line with the ascending trendline support.
RSI is recovering from oversold levels, indicating potential momentum shift.
The setup offers a favorable risk/reward ratio, with the stop loss just below key support.
⚡️ Note: Wait for confirmation of breakout before entry. Use appropriate risk management based on your trading plan.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.