$CAP /USDT - LONG
Trade Plan:
Entry: 0.03147 – 0.02861
SL: 0.02541
TP1: 0.03361
TP2: 0.03764
TP3: 0.04275
Why this setup?
• The 4h chart displays a bullish trend reversal (+22.74%) with strong volume expansion, breaking price decisively above key dynamic moving averages—MA7 (0.02837), MA25 (0.02861), and MA99 (0.02640).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.02541) establishes a strict risk invalidation boundary safely below the breakout accumulation base.
• Entering a long position in the 0.03147 to 0.02861 range offers a strong Risk:Reward setup, targeting immediate chart resistance at 0.03361, a retest of the 24h High at 0.03764, and major swing high resistance at 0.04275.
Debate:#TaiwanPlansCryptoTravelRuleFromOctober #SouthKoreaTaxPlanOmitsCryptoTaxDelay #USISMServicesIndexRisesTo54.1 COMEXGoldClimbsTo$4308COMEXGoldClimbsTo$4308COMEXGoldClimbsTo$4308#GoldBreaksOutAboveDowntrend #ADPJulyPrivatePayrollsMissedExpectations $CAP
Trade Plan:
Entry: 0.03147 – 0.02861
SL: 0.02541
TP1: 0.03361
TP2: 0.03764
TP3: 0.04275
Why this setup?
• The 4h chart displays a bullish trend reversal (+22.74%) with strong volume expansion, breaking price decisively above key dynamic moving averages—MA7 (0.02837), MA25 (0.02861), and MA99 (0.02640).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.02541) establishes a strict risk invalidation boundary safely below the breakout accumulation base.
• Entering a long position in the 0.03147 to 0.02861 range offers a strong Risk:Reward setup, targeting immediate chart resistance at 0.03361, a retest of the 24h High at 0.03764, and major swing high resistance at 0.04275.
Debate:#TaiwanPlansCryptoTravelRuleFromOctober #SouthKoreaTaxPlanOmitsCryptoTaxDelay #USISMServicesIndexRisesTo54.1 COMEXGoldClimbsTo$4308COMEXGoldClimbsTo$4308COMEXGoldClimbsTo$4308#GoldBreaksOutAboveDowntrend #ADPJulyPrivatePayrollsMissedExpectations $CAP