$龙虾 is testing a key support zone after another liquidation near $0.05948, creating a high-interest reaction area. Buyers need to defend this level and form a higher low before momentum can turn decisively bullish. A breakout through local resistance with rising volume could start the next continuation leg.
Trade Setup
Entry: $0.0593–$0.0598
Target 1: $0.0608
Target 2: $0.0620
Target 3: $0.0632
Stop Loss: $0.0579
How it's possible
The setup relies on support holding and momentum recovering from the liquidation zone. Strong volume on the breakout would provide confirmation that buyers are returning. A sustained higher-low structure would strengthen the bullish case. If price closes beyond the stop loss, exit the trade to protect capital.
Let's go and Trade now $龙虾
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Trade Setup
Entry: $0.0593–$0.0598
Target 1: $0.0608
Target 2: $0.0620
Target 3: $0.0632
Stop Loss: $0.0579
How it's possible
The setup relies on support holding and momentum recovering from the liquidation zone. Strong volume on the breakout would provide confirmation that buyers are returning. A sustained higher-low structure would strengthen the bullish case. If price closes beyond the stop loss, exit the trade to protect capital.
Let's go and Trade now $龙虾
#USCorporateProfitsHitRecordHigh #QatarExtendsLNGForceMajeureByOneMonth #GoldRisesAbout14%InAugust #CaliforniaBillWouldBarOfficialMemeCoins #WarshSaysInflationIsFedTopFocus