$W
$WTechnical Analysis Price has successfully broken out above a critical horizontal resistance level (-$0.0165- $0.0173),turning previous resistance into support.
Key Technical Factors Market Structure:
Macro trend shifting from bearish to bullish following a bottom formation near SO.0080in August.
Breakout Confirmation: Strong impulse carndle breaking out above key horizontal resistance around $0.0165.
Risk/Reward Profile: High R:R long setup aiming for higher liquidity pools above $0.0250.
Trade Setup
Entry Zone: $0.0165- $0.0173
Target (TP): $0.0250
Stop Loss (SL): $O.0144
#BTC Price Analysis# #Altcoin Season#
$WTechnical Analysis Price has successfully broken out above a critical horizontal resistance level (-$0.0165- $0.0173),turning previous resistance into support.
Key Technical Factors Market Structure:
Macro trend shifting from bearish to bullish following a bottom formation near SO.0080in August.
Breakout Confirmation: Strong impulse carndle breaking out above key horizontal resistance around $0.0165.
Risk/Reward Profile: High R:R long setup aiming for higher liquidity pools above $0.0250.
Trade Setup
Entry Zone: $0.0165- $0.0173
Target (TP): $0.0250
Stop Loss (SL): $O.0144
#BTC Price Analysis# #Altcoin Season#