🔻 Descending Channel: Price remains in a short-term downtrend but is testing strong support near the channel’s lower boundary.
🏹 Long Setup:
Entry: CURRENT MARKET MARKET
Stop Loss (SL): Below 0.066 (recent swing low)
Take Profit (TP):
TP1: 0.0001657
TP2: 0.0001989
📈 RSI Breakout: RSI is emerging from oversold territory, and trendline suggesting potential bullish momentum.
🔑 Confirmation: A 2H close above 0.070 confirms a breakout from the descending channel and strengthens the bullish case.
🏹 Long Setup:
Entry: CURRENT MARKET MARKET
Stop Loss (SL): Below 0.066 (recent swing low)
Take Profit (TP):
TP1: 0.0001657
TP2: 0.0001989
📈 RSI Breakout: RSI is emerging from oversold territory, and trendline suggesting potential bullish momentum.
🔑 Confirmation: A 2H close above 0.070 confirms a breakout from the descending channel and strengthens the bullish case.
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