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✅ Setup Overview
Chart Type: 30-minute timeframe
Asset: PI Network / USD (OKX)
Pattern: Descending trendline breakout with confirmation candle
Trade Type: Long (Buy)
📌 Key Levels
Entry Point: ~$0.6411 (just above trendline break)
Stop Loss: ~$0.6258 (recent support)
Target 1: ~$0.6624 (near resistance)
Target 2: ~$0.6854 (upper green zone / stronger resistance)
📊 Trade Justification
Breakout from a descending triangle/trendline.
Bullish engulfing candle confirms breakout.
Strong risk-to-reward ratio, likely ~2.5R
Volume is moderate, suggesting early momentum
📢 Suggested Caption for Sharing:
✅ PI/USD Long Setup (30M)
Trendline breakout with clean support bounce.
📍Entry: 0.6411 | SL: 0.6258 | TP1: 0.6624 | TP2: 0.6854
Let’s see if bulls can push toward resistance levels!
#CryptoTrading #PIUSD #BreakoutTrade #TradingView
✅ Setup Overview
Chart Type: 30-minute timeframe
Asset: PI Network / USD (OKX)
Pattern: Descending trendline breakout with confirmation candle
Trade Type: Long (Buy)
📌 Key Levels
Entry Point: ~$0.6411 (just above trendline break)
Stop Loss: ~$0.6258 (recent support)
Target 1: ~$0.6624 (near resistance)
Target 2: ~$0.6854 (upper green zone / stronger resistance)
📊 Trade Justification
Breakout from a descending triangle/trendline.
Bullish engulfing candle confirms breakout.
Strong risk-to-reward ratio, likely ~2.5R
Volume is moderate, suggesting early momentum
📢 Suggested Caption for Sharing:
✅ PI/USD Long Setup (30M)
Trendline breakout with clean support bounce.
📍Entry: 0.6411 | SL: 0.6258 | TP1: 0.6624 | TP2: 0.6854
Let’s see if bulls can push toward resistance levels!
#CryptoTrading #PIUSD #BreakoutTrade #TradingView
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.