Launchcoin has successfully broken out of its descending channel and just completed a perfect retest at the breakout zone. As long as it holds above the green demand zone, we can expect continuation to the upside.
📍 Entry Zone: $0.141–$0.144
🛑 Stop-Loss: $0.1306
🎯 Target: $0.2609
🔹 Structure: Breakout + retest of trendline resistance
🔹 Confirmation: Strong bounce from support with rising momentum
🔹 Risk/Reward: Excellent upside from current zone
📍 Entry Zone: $0.141–$0.144
🛑 Stop-Loss: $0.1306
🎯 Target: $0.2609
🔹 Structure: Breakout + retest of trendline resistance
🔹 Confirmation: Strong bounce from support with rising momentum
🔹 Risk/Reward: Excellent upside from current zone
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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.