SRTS (NASDAQ) - 30-Min Chart Long Trade Setup !

🔥 🚀

🔍 Stock: SRTS (NASDAQ)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Reversal & Breakout

📍 Trade Plan:
✅ Entry Zone: Above $5.74 - $6.20 (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $6.20 (First Resistance Target)
🟢 Take Profit 2 (TP2): $6.93 (Extended Bullish Target)
🚀 Stop-Loss (SL): Below $5.34 (Key Support)

📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀

🔹 Technical Analysis & Setup:
✅ Pattern: Descending Triangle Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $5.74 with volume increase
✅ Support & Resistance Levels:
🔸 $5.74 (Breakout Zone)
🔸 $6.20 (First Major Resistance)
🔸 $6.93 (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $5.74 could trigger an upside rally 🚀

🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $5.74 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($6.20), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $6.20 and let the rest ride toward $6.93+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $5.74, reconsider entry ❌

🚀 Final Thoughts:
✅ Bullish Reversal Potential – Strong bounce from support 📈
✅ Momentum Shift Possible – A move above $6.20 could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $5.34, TP at $6.20 - $6.93+ for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥

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