Spotted a clean double bottom formation on the daily, suggesting strong buyer defense around the $7 zone. Price has just broken above recent minor resistance, showing momentum. A breakout continuation could see targets at:
🎯 TP1: $9.61
🎯 TP2: $11.67
🎯 TP3: $13.87
🎯 Final: $16.70
📍 Invalidation below $6.53.
🧠 As always: patience, confirmation, and proper risk management are key.
🎯 TP1: $9.61
🎯 TP2: $11.67
🎯 TP3: $13.87
🎯 Final: $16.70
📍 Invalidation below $6.53.
🧠 As always: patience, confirmation, and proper risk management are key.
Trade active
Note
Target 1 hitNote
Target 2 and 3 hit! +80% since entryTrade closed: target reached
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.