The setup favors patient entry on any pullback that forms a higher low, confirming the bullish momentum while minimizing downside risk.
Entry Strategy:
• Wait for higher low confirmation
• Validates uptrend continuation
• Better risk/reward positioning
Bullish Signals:
• RSI reset from oversold levels
• Clear accumulation base formed
• Breaking out of consolidation range
Risk Management:
• Stop below $0.493 support
• Invalidation if price fails to hold current levels
• Breakout above $0.80 accelerates move
• Target Zone: $1.50 resistance area
Entry Strategy:
• Wait for higher low confirmation
• Validates uptrend continuation
• Better risk/reward positioning
Bullish Signals:
• RSI reset from oversold levels
• Clear accumulation base formed
• Breaking out of consolidation range
Risk Management:
• Stop below $0.493 support
• Invalidation if price fails to hold current levels
• Breakout above $0.80 accelerates move
• Target Zone: $1.50 resistance area
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Find top crypto tokens with sector indices, AI-powered sentiment analysis & news summaries.
tokenradar.ai/tv
tokenradar.ai/tv
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.