#GRTUSDT: Is a Major Breakout on the Horizon or a Breakdown?Yello, Paradisers! Are you ready for a decisive move of #GRTUSDT? Let's discuss the latest analysis of #TheGraph:
💎Currently, #GRT is at a crucial crossroads as it shows signs of bullish continuation from the key Bullish Order Block (OB) at $0.146. If the price can hold steady at this level, there’s a solid chance we could witness a breakout above the descending resistance of the ongoing channel. But momentum is everything here, and sustained buying pressure will be essential for this breakout to become a reality.
💎However, we're not in full breakout mode just yet. For confirmation, we need a decisive break above the internal resistance at $0.219, accompanied by strong engulfing candles and maintained momentum. Until we see that, it's wise to stay cautious and avoid jumping in too early. The market has been tricky lately, and waiting for the right signal could make all the difference between profit and loss.
💎If the bulls fail to push #TheGraph above $0.219, the momentum could shift back to the sellers. The critical support level to keep an eye on is still $0.146, which has been tested twice and held strong. A rebound from this level would keep the bullish outlook alive and potentially set the stage for another attempt to break higher.
💎But if $0.146 gives way, expect the price to target the major support zone between $0.113 and $0.125. Should #GRT fall to this range and fail to hold, the bullish scenario would be off the table, making it essential to adjust your strategy accordingly.
Trade smart, and stay patient! The real move is coming; make sure you’re on the right side of it.
MyCryptoParadise
iFeel the success🌴
Cryptoanalysis
Is #OGN Ready for a Bullish Reversal or More Downward Move?Yello, Paradisers! Is #OGNUSDT finally going for the breakout or another fake-out? Let's dive into the latest analysis of #OriginProtocol!
💎After 4-5 months of a slow and steady downtrend, #OGN is approaching a critical turning point. The price is currently testing the upper boundary of a Descending Channel, fueled by a strong bounce from the major support zone between $0.072 and $0.078.
💎To truly spark this rally, #OGN needs to clear a key obstacle—the minor resistance between $0.114 and $0.155, which previously acted as a strong support level. A breakout above this area, confirmed by increasing volume and the 20 EMA, could mean the bulls are ready to take over. If this happens, brace yourselves for a move toward the next major resistance.
💎If momentum stalls, we could see a pullback toward that crucial support zone between $0.072 and $0.078, retesting the breakout level. Failing to hold here could spell trouble, with #OGN potentially sliding back down to the $0.059 demand zone.
💎And here’s the real risk—if it breaks below that support, the bears will likely regain control, triggering a deeper correction and crushing any hopes of a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#ANKRUSDT Ready for a Major Move After the Breakout | Watch OutYello, Paradisers! Are we about to witness a game-changing move for #ANKR? Let's discuss latest analysis of #ANKRUSDT:
💎After 4-5 months of grinding through a downtrend, #Ankr has finally broken out of a descending channel, thanks to a solid push from the bullish order block (OB) at $0.023. While this could mark a potential turning point, we’re not in the clear just yet.
💎For this rally to truly gather momentum, #ANKR must break above the critical Bearish OB between $0.031-$0.033, which previously acted as support. If bulls can push it past this level, we could see a stronger move toward the next significant resistance, driven by rising volume and the support of the 20EMA, signaling bulls might be taking charge.
💎However, if this momentum stalls, watch for a pullback to retest the breakout zone around $0.023. A failure to hold this support could trigger a move back to the lower demand zone at $0.0196.
💎A break below $0.0196 would shift control back to the bears, likely leading to a deeper correction and dashing hopes of a bullish recovery in the short term.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
AR Long Spot Trade (Resistance Consolidation Opportunity)Market Context:
AR has moved into a critical resistance zone, where price consolidation could occur before the next upward leg. This presents an opportunity to position for potential breakout gains.
Trade Details:
Entry Zone: Ladder between $23.00 and $27.00.
Take Profit Targets:
First target: $40.00 - $45.00
Second target: $70.00 - $80.00
Stop Loss: Set a deeper stop loss just below $20.00.
This trade anticipates consolidation within the resistance area, with a setup aimed at capturing substantial upside momentum.
INJ Long Spot Trade (Range Consolidation Opportunity)Market Context:
INJ has moved into a potential consolidation zone, providing an opportunity to establish a position at support levels. The setup targets significant upside potential as the price develops within this range.
Trade Details:
Entry Zone: Ladder between $27.00 (bottom support) and $32.50 (top resistance).
Take Profit Targets:
First target: $45.00 - $50.00
Second target: $70.00 - $80.00
Stop Loss: Just below $25.00
This trade takes advantage of the expected consolidation and offers a favorable risk-to-reward ratio for potential breakout scenarios.
Is Solana Gearing Up for Another Rally?Since early October 2023, Solana has experienced an impressive 1,000% growth, reaching its peak on March 18, 2024. Following this significant rally, the price entered a corrective rectangle pattern, retracing 50% of the previous wave and preparing for the next upward move.
After breaking out of the corrective pattern and achieving notable growth, Solana has now formed a zigzag corrective pattern. The price retraced from the 38.2% Fibonacci level, which aligns with the March 18, 2024 peak. Additionally, the price has shown a positive reaction to the midline of the ascending channel.
Given this structure, it is expected that Solana will continue its upward trend and touch the upper boundary of the ascending channel.
If you found this (SOL) analysis helpful, let us know by hitting the like button! 💙
Where do you think Solana is headed next? 🚀
Drop your predictions and insights in the comments section below! 👇
#JTOUSDT Ready for a Massive Move or Not? Key Levels to WatchYello, Paradisers! Is #JTOUSDT ready for a massive move above or not? Let's discuss the latest analysis of #Jito and see what's happening:
💎#JTO is navigating a pivotal juncture as it consolidates near a critical resistance zone. Over the past months, the price has broken out of a descending trendline that previously acted as strong resistance, now flipping into support. This shift marks a crucial moment in #JTO’s price structure, with the next move likely to define its trajectory.
💎The immediate resistance to monitor is $3.98. A decisive break and daily close above this level would pave the way for a potential bullish rally. If buyers manage to sustain momentum, the price could climb toward the major resistance zone between $6.50 and $7.00. Such a move would likely attract significant buying interest and signal a potential trend reversal.
💎On the downside, key support levels are sitting at $3.17 and $2.90, with a robust demand zone established around $2.60. As long as the price holds above this demand zone, the bullish structure remains intact. A bounce from these levels would offer bulls another opportunity to regain control and attempt a breakout.
💎However, if the price breaks below the $2.60 demand zone, it would invalidate the bullish outlook and increase the likelihood of further downside toward the $1.90–$2.00 region. This bearish scenario would create opportunities for short sellers while potentially shaking out weak hands before any future recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Can #ORDIUSDT Bulls Sustain this Bullish Momentum or Not?Yello, Paradisers! Can #ORDIUSDT bulls sustain the current bullish momentum or not? Let's look at the latest analysis of #ORDI to see what's happening:
💎#ORDI is trading within a descending channel formation, a clear technical pattern indicating a persistent downtrend over the past months. With the price breaching descending resistance near the channel, the upcoming movements will be decisive in shaping ORDI’s trajectory for the foreseeable future.
💎The immediate resistance to watch is $66.20, which aligns with the descending channel’s upper boundary. A daily close above this resistance level would confirm a breakout, signaling the potential beginning of a bullish trend reversal. Such a move could drive the price toward the major resistance zone near $100, attracting fresh buyers and sparking renewed market confidence.
💎On the other hand, failure to break above $66.20 could result in the price retracing toward the $35.85 support level, which has previously acted as a strong demand zone. A bounce from this level would provide bulls another opportunity to reclaim momentum and challenge the resistance once again.
💎However, if ORDI closes below the $29.19 demand zone, it would invalidate any bullish case, paving the way for further downside. In this scenario, we could witness an extended drop toward lower levels around $18, reinforcing the bearish outlook and shaking out weak hands.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
BRETT Long Spot Trade (Buying the Dip) Market Context:
BRETT's current price action suggests that any dip into the $0.18 zone represents a strong buying opportunity. The setup shows potential for significant upside, with favorable risk-to-reward dynamics.
Trade Setup:
Entry Zone: Around $0.18
Take Profit Targets:
First target: $0.30
Second target: $0.50
Third target: $0.75
Stop Loss: Daily close below $0.15
This trade aims to capitalize on the dip into support, targeting substantial price expansion in the upcoming trend.
Analysis of TOTAL2 TargetsAs we can see, the overall trend is bullish. After breaking the March high, the only remaining step for the market to truly thrive is to break the most recent peak and form a new high. There is only one direction now: upward.
The potential paths for this upward movement are as follows:
Scenario 1:
A pullback to the 1.27T level followed by a strong continuation to the upside.
Scenario 2:
A direct upward move without any significant correction.
Potential Milestones After Breaking the All-Time High:
2.11T
3.57T
11T (final target)
The market is showing promising signs of strength, and these key levels could be the focus for the next phases of growth.
Let’s keep a close eye on price action and prepare for what’s coming!
#PDAUSDT Getting Ready for a Massive Breakout or Not? Key LevelsYello, Paradisers! Can #PlayDapp bulls get enough momentum for a bullish breakout or not? Let's look at the latest analysis of #PDAUSDT and see what's happening:
💎#PDA is trading within a descending channel formation, showing a clear downtrend structure that has persisted for months. While the price is testing key levels, the next move will determine whether the #PlayDapp breaks free from its bearish grip or continues its downward slide.
💎The immediate focus is on the $0.067 resistance zone, which aligns with the channel’s upper boundary. A decisive breakout above this level would signal the start of a trend reversal, opening the door for a move toward the major resistance zone at $0.126. Such a breakout would likely bring renewed bullish sentiment and attract new buyers.
💎However, if #PDAUSDT fails to break above $0.067, the $0.045 support zone will become crucial. This zone has consistently acted as strong support and a bounce from here could allow bulls to regroup for another attempt at breaking resistance. Failure to hold will send it to the $0.037 demand level.
💎If the #PDAUSD closes below $0.037 on the daily chart, it would confirm a bearish breakdown, invalidating any bullish recovery. In this scenario, we could see a continuation of the downtrend toward lower levels, potentially testing $0.025 or below, which would further reinforce bearish sentiment.
#WOO Ready for a Major Upward Move Or Not? Key Levels to WatchYello, Paradisers! Are #WOO bulls ready to maintain momentum above or not? Let's discuss the latest analysis of #WOO and see what's happening:
💎#WOO has recently broken above the resistance of its ascending channel, igniting bullish momentum and raising expectations for a potential rally toward higher price levels. However, the next move will depend heavily on the $0.34-0.37 supply zone, a critical barrier that traders must closely monitor.
💎If #WOO can decisively break above $0.34, it would confirm a continuation of the bullish breakout, opening the door for a run toward the major resistance zone between $0.63–$0.70. Such a move would likely attract fresh buying interest and signal the start of a stronger upward trend.
💎However, there’s still a risk of a pullback. If WOO fails to maintain momentum above $0.34, a retracement to the $0.2354–$0.2021 demand zone becomes likely. This zone will act as the key support area, and any dip into this level could provide a re-entry opportunity for bulls.
💎Should #WOO close a daily candle below the $0.2021 level, it would invalidate the bullish breakout entirely and confirm a bearish reversal. Such a move could trigger a deeper correction, with the price potentially revisiting the $0.15 region, reinforcing bearish sentiment and shaking out over-leveraged traders.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon.
Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000%
Levels to watch: $0.42, $0.25
Keep your long term vision,
Philip - BasicTrading
Ethereum (ETH) Bullish Technical Outlook Technical Overview:
Consolidation Phase: Ethereum has experienced a prolonged consolidation throughout 2024, but recent momentum points toward increasing bullish control, suggesting a potential breakout.
Shallow Pullbacks: Recent shallow pullbacks indicate seller exhaustion, with buyers stepping in at progressively higher levels, reinforcing bullish sentiment.
Key Levels to Watch:
Support: $3,000 (critical level for maintaining bullish outlook)
Resistance: $4,100-$4,200 (short-term target)
Long-Term Targets: $4,800-$5,000 (all-time highs), $8,000 (potential in 2025)
Outlook:
Short-term: A retest of the $4,100-$4,200 resistance zone is likely before the end of December, as momentum continues to favor the bulls.
Medium to Long-term: With Ethereum remaining above the $3,000 support, expectations for new all-time highs around $4,800-$5,000 are in play, with the possibility of reaching $8,000 in 2025 if the bullish trend accelerates.
#Ethereum #ETH #BullishOutlook #CryptoMarket #Breakout
#WUSDT Ready For a Bullish Rally or Not? Key Levels to WatchYello, Paradisers! Is #Wormwhole primed for a bullish continuation after breaking its descending resistance, or will it struggle? Let’s dive into the latest analysis for #WUSDT:
💎#WUSD has officially broken out of its descending resistance, marking a pivotal moment in its price action. This breakout signals a potential shift in momentum, and the focus now shifts to the $0.34-$0.40 supply zone, which represents a major barrier for further upside. A decisive close above this zone could open the floodgates for a rally into the $0.70 major resistance area.
💎If bulls manage to push past the supply zone, WUSDT could see an explosive move higher. The breakout from the descending resistance, combined with increased buying pressure, sets the stage for a potential extended rally toward $0.70 and beyond. This move would confirm a strong trend reversal, attracting new buyers into the market.
💎On the downside, the $0.2583 support level and $0.2400-$0.2123 demand zone are critical levels to watch. If the price fails to sustain above these areas, it could invalidate the bullish structure and send the market back into bearish territory.
💎A daily close below $0.2123 would signal a bearish reversal, likely triggering a selloff toward $0.16 or even lower levels. The bulls must defend this zone at all costs to maintain the recent breakout momentum.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Can #CELO Bulls Maintain the Current Bullish Momentum Or Not? Yello, Paradisers! Is #CELOUSDT gearing up for a breakout or will we see a reversal? Let’s break down the current setup for #CELO and what it could mean for traders:
💎#CELO is showing a textbook cup-and-handle pattern on the daily timeframe, signaling a potential bullish continuation. Currently, the price is hovering around the $0.9437 level, with key resistance lying at the $1.10-$1.30 supply zone. A decisive breakout above this zone could spark a strong rally and attract fresh buyers into the market.
💎If #CELO clears the supply zone, the next target lies around the $1.80-$2.20 range, aligning with the measured move of this pattern. This breakout would confirm a major shift in market sentiment, signaling renewed strength for the bulls and marking a significant milestone for CELO’s recovery.
💎On the flip side, if the price fails to break above the supply zone, it could retest the support zone at $0.733. If the support zone also fails, such a move could trigger a selloff toward $0.58 demand zone, reinforcing bearish sentiment.
💎There should be a bounce from the demand zone. However, losing this level will transfer control to bears for a deeper retracement before any potential rebound.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Hedera | HBAR , ETF & ATS300% Gains and a Bright Future
Since our first signal, HBAR has pumped over 321%, spotlighting this promising asset. With the launch of its Asset Tokenization Studio (ATS) in Q3 2024, Hedera Hashgraph has positioned itself as a leader in the tokenization revolution. This enterprise grade platform streamlines the digitization of real-world assets, addressing the rising demand for secure, scalable, and compliant solutions in asset management and trading.
Hedera’s Tokenization Breakthrough
Tokenization transforms physical or financial assets into digital tokens on a blockchain, enabling fractional ownership. This makes high-value assets like real estate, bonds, and equities accessible to a broader investor base. By improving liquidity, tokenization democratizes investment opportunities.
Hedera’s ATS simplifies this process with an open source framework designed for regulatory compliance and enhanced functionality. Powered by the Hashgraph consensus algorithm, the platform delivers unparalleled efficiency with thousands of transactions per second. Features like on-chain metadata, role-based access controls, KYC compliance, and supply cap enforcement ensure security and adherence to regulations.
ATS also includes advanced tools like token locking and pause functionality to address legal and security needs. Its interoperability with Ethereum standards (e.g., ERC-1400) ensures compatibility with established ecosystems. Moreover, integration with wallets like **MetaMask** and Blade Wallet enhances accessibility for issuers and investors alike.
A Booming Tokenization Market
The tokenization market is growing at an explosive pace. By late 2024, over $13 billion worth of real-world assets (RWAs) had been tokenized, with private credit, U.S. Treasury debt, and commodities leading the charge. Industry giants like JP Morgan, BlackRock, and BNY Mellon are also heavily investing in this space.
With analysts projecting the tokenized asset market to reach $16 trillion by 2030, Hedera is expanding its reach. Beyond ATS, initiatives like DOVU leverage Hedera’s technology to tokenize carbon credits, promoting sustainability. RedSwan facilitates fractional ownership of commercial real estate, and **abrdn** utilizes Hedera to tokenize money market funds, creating opportunities for smaller investors.
Recent advancements include the Nairobi Securities Exchange (NSE) joining the Hedera Governing Council, signaling progress in Kenya’s capital markets. Additionally, **Archax**, a regulated digital asset exchange, uses Hedera’s infrastructure to bridge traditional finance with digital assets. Collaboration with the Linux Foundation’s open-source “Hiero” initiative further underscores Hedera’s commitment to innovation.
HBAR’s Rally and Market Position
HBAR has experienced a significant rally, climbing nearly 320% last month. This surge followed Canary Capital’s filing for an HBAR ETF with the US SEC. Hedera's current price is $ 0.19, it has increased +15% over the past 24 hours. Hedera's All Time High (ATH) of $ 0.56 was reached on 16 Sep 2021, and is currently -66% down
The current circulating supply of Hedera is 38.20 Billions coins, and the maximum supply of Hedera is 50.00 Billions.Hedera’s 24 hour trading volume is $ 767.81 Million, which is insane
With its focus on cutting-edge solutions like ATS and strategic partnerships, Hedera Hashgraph continues to solidify its place at the forefront of the tokenization revolution. This hidden gem remains one to watch in the evolving digital asset landscape.
Can #FETUSDT Bulls Sustain the Current Bullish Momentum or Not?Yello, Paradisers! Is #FETUSDT ready for a bullish continuation or might we see a pullback? Let's look at the latest analysis of #FetchAI:
💎#FET has recently broken above the resistance of its broadening wedge which has sparked optimism about a potential bullish continuation upward. But now, all eyes are on the $1.97 minor resistance level—a critical barrier that could define the next big move.
💎If $1.97 is decisively broken, it would signal a major trend reversal, paving the way for higher price targets and fueling renewed confidence in the market. This breakout would mark a pivotal shift in structure, likely drawing in new market participants and setting up FET for a stronger upward trajectory.
💎However, there’s a flip side. The rally is showing signs of stalling, and failure to conquer $1.97 could trigger a retracement to the $1.322 support level—a zone of critical importance that aligns with a previous major low. Should this support fail to hold, the next key demand zone lies at $1.088, a level that bulls cannot afford to lose.
💎If the price closes below $1.088 on the daily chart, it would invalidate the bullish outlook entirely. Such a move would confirm a bearish reversal, likely sending the market spiraling lower and reinforcing bearish sentiment as lower lows take shape.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
FET Long Spot Trade (Breakout and Retest)Market Context:
FET appears to be forming a bottom on higher time frames, signaling a potential reversal. The $1.75 level is key, and a breakout followed by a retest could offer an ideal entry point.
Trade Details:
Entry Zone:
Around $1.75 (post-breakout and retest).
Take Profit Targets:
Target 1: $1.90
Target 2: $2.30
Stop Loss:
Below $1.64
Rationale:
Bottoming Structure: The higher time frame price action indicates potential accumulation, with $1.75 acting as a pivotal level for a shift in market structure.
Confirmation: Waiting for a breakout and retest ensures that the entry aligns with bullish momentum.
Risk Management: Placing a stop loss below $1.64 minimizes downside risk while allowing the trade room to breathe.
Execution Notes:
Monitor volume on the breakout to confirm conviction.
Adjust take profit levels based on price action and market sentiment.
#NEIRO on the Edge of a Massive Rally | Key Levels to Watch Yello, Paradisers! Has #NEIROUSDT finally broken free or is this a potential trap? Let's look at the latest analysis of #FirstNeiroOnEthereum:
💎#NEIRO has broken out of its falling wedge—a classic bullish setup—after bouncing off the critical demand zone at $0.00166. This is a promising development, but caution is crucial. There’s a strong possibility the price could revisit this support zone before making its next move.
💎For the rally to stay alive, the price must conquer the immediate resistance at $0.00197. This is a critical level to watch. If the bulls manage to push through this hurdle, especially with rising volume and support from the 50EMA, it could signal a sustained bullish momentum and open the door for a stronger surge. However, the breakout must be clear and convincing to inspire confidence.
💎If the bullish momentum falters, a pullback is likely. This could see the price revisiting the breakout zone or even testing the demand area at $0.00166 again. Should this support fail, the next key level to monitor lies at $0.00151.
💎A break below $0.00151 would shift control back to the bears, paving the way for a deeper correction and diminishing short-term bullish prospects.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Is #PNUT About to Skyrocket or Fall? Massive Bullish MomentumYello, Paradisers! Has #PNUTUSDT truly broken free or is this just another fakeout? Let's see the latest analysis of #PeanuttheSquirrel:
💎#PNUT has managed to break out of its falling wedge pattern—a promising bullish signal—fueled by a strong bounce off the critical demand zone at $1.06. However, caution is still warranted as there’s a significant possibility of a retest of this key support zone before the next move unfolds.
💎The immediate focus now shifts to the minor resistance level at $1.41, a crucial barrier that the bulls must overcome. If the price manages to push through this level with rising volume and support from the 50EMA, it could confirm that bullish momentum is taking over. This would set the stage for a potential rally, but the breakout must be decisive to sustain the momentum.
💎On the flip side, if buyers lose steam, a pullback could bring the price back to the breakout zone or even revisit the demand area at $1.06. If this support fails to hold, the next major level to watch is $0.995. A break below $0.995 could hand control back to the bears, leading to a deeper correction and dampening any immediate bullish outlook.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Are #AVA Bulls Ready For a Bullish Breakout or Not? Key LevelsYello, Paradisers! Is #AVAUSDT ready for a bullish breakout, or will the price sharply decline? Let's discuss the latest analysis of #Ava:
💎Currently, #AVA is trading within a descending channel, repeatedly testing its upper resistance—a zone that has proven to be a significant barrier. For any hopes of a bullish breakout to materialize, #AVA must sustain its momentum here. Without this push, the potential breakout remains uncertain.
💎The key level to watch is $0.654. A decisive break above this minor resistance would be a clear signal of strength, potentially ushering in bullish momentum. Such a move is likely to be marked by strong, engulfing candles and sustained volume, both critical indicators of genuine market conviction.
💎However, the risks are equally clear. If #AVA fails to break above $0.654, sellers could gain the upper hand. This would put the spotlight on the $0.508 demand zone, a critical support level. Should this area hold, it could reignite buying interest and create an opportunity for a rebound.
💎But the stakes grow significantly if $0.508 fails. In such a scenario, we could see #AVA sliding toward the $0.408-$0.435 support range. A loss of this zone would confirm a deeper downtrend, marking a pivotal turning point for #AVAUSDT's trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
AR Long Spot Trade (Support Retest)Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.