Silo Pharma, Inc.
Long

Consolidating Toward a Potential Breakout Above $0.87 Resistance

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SILO is coiling inside a symmetrical triangle, building pressure for a potential breakout. The stock continues to respect its rising support trendline near $0.58–$0.60, showing solid accumulation.

The 200-day EMA (~$0.87) now acts as the key resistance to watch. A clean breakout and close above it could trigger momentum toward $0.99, the upper boundary of the triangle pattern.

Setup:

Entry: $0.60–$0.64

Targets: $0.87 / $0.99

Stop Loss: Below $0.57

Momentum indicators show early signs of strength. Holding the ascending trendline keeps the bullish bias intact — breakout confirmation above $0.87 could open the next leg up.

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