Optimal Trading Strategies Based on Key Levels
✅ Bullish Scenario: If Price Holds Above $0.30
Entry: Above $0.31 (Confirmed breakout).
Stop-Loss: Below $0.27 (Invalidation).
Target 1: $0.40 (Key resistance).
Target 2: $0.51 (ChoCh & major trend reversal point).
Risk-to-Reward (R/R): 3:1 or better.
✅ Best Confluence:
If price retests $0.30 as support after breaking above, it strengthens the long setup.
Volume confirmation is key—low volume breakout = fakeout risk.
📉 Bearish Scenario: If Price Rejects Below $0.30
Entry: Below $0.28 (Breakdown confirmation).
Stop-Loss: Above $0.32 (Invalidation).
Target 1: $0.20 (Next major support).
Target 2: $0.15 - $0.10 (Liquidity sweep area).
R/R Ratio: 2.5:1 or better.
✅ Best Confluence:
Rejection at $0.30 = Bears remain in control.
If price fails to reclaim $0.30 and breaks down, it signals continuation to lower targets.
🚀 Final Takeaway
✔ $0.30 Breakout = Early Long Signal (Targeting $0.40 - $0.51).
✔ $0.51 Breakout = Full Trend Shift Confirmation.
✔ Rejection Below $0.30 = Bearish Continuation (Targeting $0.20 - $0.10).
✅ Bullish Scenario: If Price Holds Above $0.30
Entry: Above $0.31 (Confirmed breakout).
Stop-Loss: Below $0.27 (Invalidation).
Target 1: $0.40 (Key resistance).
Target 2: $0.51 (ChoCh & major trend reversal point).
Risk-to-Reward (R/R): 3:1 or better.
✅ Best Confluence:
If price retests $0.30 as support after breaking above, it strengthens the long setup.
Volume confirmation is key—low volume breakout = fakeout risk.
📉 Bearish Scenario: If Price Rejects Below $0.30
Entry: Below $0.28 (Breakdown confirmation).
Stop-Loss: Above $0.32 (Invalidation).
Target 1: $0.20 (Next major support).
Target 2: $0.15 - $0.10 (Liquidity sweep area).
R/R Ratio: 2.5:1 or better.
✅ Best Confluence:
Rejection at $0.30 = Bears remain in control.
If price fails to reclaim $0.30 and breaks down, it signals continuation to lower targets.
🚀 Final Takeaway
✔ $0.30 Breakout = Early Long Signal (Targeting $0.40 - $0.51).
✔ $0.51 Breakout = Full Trend Shift Confirmation.
✔ Rejection Below $0.30 = Bearish Continuation (Targeting $0.20 - $0.10).
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.