🔸
🔸 Key Support Zone at $0.3414:
Price is retesting the broken falling wedge resistance, now acting as support. Holding this zone is crucial for bullish continuation.
🔸 Upside Target: $0.40+
After a successful retest, price can rally towards $0.40 and above.
🔸 Risk Level at $0.3340:
If price falls below $0.3340, the bullish structure will weaken.
🔸 Action Plan:
Monitor the $0.3414 zone closely. If a strong bullish confirmation appears (such as a bullish candle), we will open a long trade targeting $0.40+. Stop loss will be placed safely below $0.3040.
🔸 Key Support Zone at $0.3414:
Price is retesting the broken falling wedge resistance, now acting as support. Holding this zone is crucial for bullish continuation.
🔸 Upside Target: $0.40+
After a successful retest, price can rally towards $0.40 and above.
🔸 Risk Level at $0.3340:
If price falls below $0.3340, the bullish structure will weaken.
🔸 Action Plan:
Monitor the $0.3414 zone closely. If a strong bullish confirmation appears (such as a bullish candle), we will open a long trade targeting $0.40+. Stop loss will be placed safely below $0.3040.
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.