OUST Breakout Alert — Eyeing $14.65+ from Tight Coil

📝 Description (General & Professional):
Ticker: OUST
Timeframe: 30-Min Chart
Trade Type: Long (Breakout Setup)

OUST has been consolidating just below key resistance and has now broken out of a tight ascending wedge. The price action shows strong upward momentum following a series of higher lows and a breakout above confluence resistance around $12.78.

A breakout candle has confirmed strength above this zone. With volume expanding and structure intact, this setup offers a clean risk-to-reward play.

✅ Trade Plan:
Entry: $12.78

Stop-Loss: $13.72 (above recent consolidation high)

Target: $14.65

Risk/Reward: ~1:2+

🔍 Key Technicals:
Rising wedge breakout (bullish)

Clean price compression followed by expansion

Strong structure of higher lows leading into resistance

Target derived from measured move projection and past rejection zone

⚠️ What to Watch:

Watch for retest of $12.78 — could offer a second entry

Volume should confirm breakout continuation

Momentum over $13.72 opens path toward $14.65+

📈 Chart by ProfittoPath
Sharing educational setups, swing trade breakdowns, and price action strategies.