### **🔹 Technical Analysis & Setup:** ✅ **Pattern:** Rising Wedge Breakout 📈 ✅ **Breakout Confirmation Needed:** Price holding above **$1.89** with volume support ✅ **Resistance Zones:** - **$1.98:** First Major Resistance - **$2.07:** Extended Target for strong momentum ✅ **Momentum Shift Expected:** A breakout could trigger a strong uptrend 🚀
### **🔥 Trade Strategy & Refinements:** 📊 **Volume Confirmation:** Look for increasing **buying volume above $1.89** 📉 📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($1.98)**, adjust SL higher to secure profits 🛑 💰 **Partial Profit Booking:** Take partial profits at **$1.98** and let the rest ride toward **$2.07+** 💵 ⚠️ **Fake Breakout Risk:** If price drops **back below $1.89**, reconsider entry ❌
### **🚀 Final Thoughts:** ✅ **Bullish Breakout Confirmed** – High probability of **continuation higher** 📈 ✅ **Momentum Shift Possible** – A **move above $1.98** could accelerate the upside 🚀 ✅ **Strong Risk-Reward Setup** – SL at **$1.81**, TP at **$1.98 - $2.07** for optimal gains
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.