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Mother

MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point. Trade Setup: Entry: Around $0.072 Take Profit Targets: First target: $0.085 Second target: $0.091 Stop Loss: Below $0.070 This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
Long
by Richtv_official
#MOTHER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: MOTHER has broken above the resistance trendline and is gearing up for a significant move. Currently, it’s holding above the 21 EMA, and if it maintains this support level, it could rally up to $0.24 (the previous all-time high). There are multiple support levels that should hold if a dip occurs. For now, the target remains to reach the all-time high range. Key levels: - Primary Support: $0.0479. - Support Trendline: $0.03548. - Lower Support/Accumulation: $0.02782. - Target: $0.09858, $0.1478, $0.2056, $0.2425. Note: Any dip could be a good opportunity to DCA. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic