📌 Market Overview:
The price has been in a downtrend, forming a descending channel.
Currently trading near 0.03135, with 0.03718 acting as a key resistance.
A bullish breakout from the descending channel appears to be forming.
RSI breakout above trendline resistance suggests increasing bullish momentum.
📈 Trade Plan: Long Position (BUY Setup)
🎯 Entry: At Current Market Price (CMP) ~0.03135
🎯 Take Profit Targets:
First Target (Resistance Level): 0.03718
Second Target: 0.042 - 0.045 (Next key resistance)
Final Target (Long-term Potential): 0.050+
🔻 Stop-Loss:
Below 0.029, as a drop below this level invalidates the bullish setup.
The price has been in a downtrend, forming a descending channel.
Currently trading near 0.03135, with 0.03718 acting as a key resistance.
A bullish breakout from the descending channel appears to be forming.
RSI breakout above trendline resistance suggests increasing bullish momentum.
📈 Trade Plan: Long Position (BUY Setup)
🎯 Entry: At Current Market Price (CMP) ~0.03135
🎯 Take Profit Targets:
First Target (Resistance Level): 0.03718
Second Target: 0.042 - 0.045 (Next key resistance)
Final Target (Long-term Potential): 0.050+
🔻 Stop-Loss:
Below 0.029, as a drop below this level invalidates the bullish setup.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.