β Pattern: Bullish Breakout π β Breakout Confirmation Needed: Price holding above $5.36 with volume support β Resistance Zones: $5.69: First Major Resistance $6.08: Extended Target for strong momentum β Momentum Shift Expected: A breakout could trigger a strong uptrend π π₯ Trade Strategy & Refinements: π Volume Confirmation: Look for increasing buying volume above $5.36 π π Trailing Stop Strategy: Once price reaches TP1 ($5.69), adjust SL higher to secure profits π π° Partial Profit Booking: Take partial profits at $5.69 and let the rest ride toward $6.08+ π΅ β οΈ Fake Breakout Risk: If price drops back below $5.36, reconsider entry β π Final Thoughts:
β Bullish Breakout Confirmed β High probability of continuation higher π β Momentum Shift Possible β A move above $5.69 could accelerate the upside π β Strong Risk-Reward Setup β SL at $5.03, TP at $5.69 - $6.08 for optimal gains
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