Entry Point: $11.63 (marked breakout level)
Stop Loss (SL): $10.85 (marked in red) 🚫
Target 1 (T1): $12.62 (marked in yellow) 🟡
Target 2 (T2): $13.85 (marked in green) ✅
Reason for Long: Ascending triangle breakout pattern indicating strong bullish momentum. The price broke resistance and held above $11.63 with increased volume, confirming the breakout.
Confirmation: Breakout of a key resistance level at $11.63, with price structure forming higher lows.
Timeframe: 30-minute chart.
Stop Loss (SL): $10.85 (marked in red) 🚫
Target 1 (T1): $12.62 (marked in yellow) 🟡
Target 2 (T2): $13.85 (marked in green) ✅
Reason for Long: Ascending triangle breakout pattern indicating strong bullish momentum. The price broke resistance and held above $11.63 with increased volume, confirming the breakout.
Confirmation: Breakout of a key resistance level at $11.63, with price structure forming higher lows.
Timeframe: 30-minute chart.
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