MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout)
Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
Penafian
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