$MELANIA PUSHES INTO A FRESH 24H HIGH — 1H BUYERS REMAIN AGGRESSIVE, BUT THE MOVE IS EXTENDED
The 1H structure has accelerated sharply higher after building a steady sequence of higher highs and higher lows from the $0.07737 base. Price has now expanded through the $0.09485 area and reached a fresh 24H high at $0.13326, showing strong momentum, but the vertical final candles make chasing the current price increasingly risky.
$MELANIA /USDT — LONG
Trade Plan
Entry: $0.1160–$0.1210 on a healthy retest SL: $0.1060 TP1: $0.1333 TP2: $0.1450 TP3: $0.1600
Why this setup?
$MELANIA has maintained a strong 1H uptrend, beginning with a prolonged base near the $0.07737 swing low and gradually forming higher lows before the latest expansion. The move through the $0.09485 region marked a significant acceleration, followed by consecutive large bullish candles that pushed price rapidly toward the current high.
The $0.12064 area is the nearest important visible support beneath the current price, while $0.13326 is the immediate resistance represented by the fresh 24H high. The $0.10697 region also provides a deeper structural reference beneath the latest impulse and helps define where the breakout structure would begin losing strength.
At around $0.1328, price is sitting almost directly at the 24H high after an unusually steep move. Rather than chasing this expansion, a pullback toward $0.1160–$0.1210 would allow the breakout zone to be tested as support and would offer a cleaner continuation setup if buyers defend the retest.
A successful hold around the retest zone followed by a fresh break above $0.13326 would keep the bullish structure intact and open room for further extension toward $0.1450 and potentially $0.1600. A decisive loss of $0.1060 would undermine the latest impulse and invalidate the proposed continuation setup.
Wait for a confirmed retest instead of chasing the vertical move, and keep position size controlled.
The 1H structure has accelerated sharply higher after building a steady sequence of higher highs and higher lows from the $0.07737 base. Price has now expanded through the $0.09485 area and reached a fresh 24H high at $0.13326, showing strong momentum, but the vertical final candles make chasing the current price increasingly risky.
$MELANIA /USDT — LONG
Trade Plan
Entry: $0.1160–$0.1210 on a healthy retest SL: $0.1060 TP1: $0.1333 TP2: $0.1450 TP3: $0.1600
Why this setup?
$MELANIA has maintained a strong 1H uptrend, beginning with a prolonged base near the $0.07737 swing low and gradually forming higher lows before the latest expansion. The move through the $0.09485 region marked a significant acceleration, followed by consecutive large bullish candles that pushed price rapidly toward the current high.
The $0.12064 area is the nearest important visible support beneath the current price, while $0.13326 is the immediate resistance represented by the fresh 24H high. The $0.10697 region also provides a deeper structural reference beneath the latest impulse and helps define where the breakout structure would begin losing strength.
At around $0.1328, price is sitting almost directly at the 24H high after an unusually steep move. Rather than chasing this expansion, a pullback toward $0.1160–$0.1210 would allow the breakout zone to be tested as support and would offer a cleaner continuation setup if buyers defend the retest.
A successful hold around the retest zone followed by a fresh break above $0.13326 would keep the bullish structure intact and open room for further extension toward $0.1450 and potentially $0.1600. A decisive loss of $0.1060 would undermine the latest impulse and invalidate the proposed continuation setup.
Wait for a confirmed retest instead of chasing the vertical move, and keep position size controlled.