VIRTUALUSDT has shown signs of accumulation with a series of higher lows followed by a breakout above the local resistance zone around $1.8398, suggesting the potential start of a bullish leg.
Trade Details:
Position: Long
Entry: $1.8398
Stop Loss: $1.7683
Take Profit: $2.0858
Setup Type: Breakout from Range / Early Trend Continuation
Setup Rationale:
Market broke above consolidation range, triggering a long opportunity
Clear bullish momentum supported by consecutive higher lows
Favorable risk/reward ratio for swing or short-term continuation traders
Target aligns with previous resistance zone above $2.08
This setup anticipates a continuation move to the upside following the breakout, with a well-defined stop below the previous swing low.
Trade Details:
Position: Long
Entry: $1.8398
Stop Loss: $1.7683
Take Profit: $2.0858
Setup Type: Breakout from Range / Early Trend Continuation
Setup Rationale:
Market broke above consolidation range, triggering a long opportunity
Clear bullish momentum supported by consecutive higher lows
Favorable risk/reward ratio for swing or short-term continuation traders
Target aligns with previous resistance zone above $2.08
This setup anticipates a continuation move to the upside following the breakout, with a well-defined stop below the previous swing low.
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