๐ $้พ่พ 4H โ Strong Bullish Breakout
This chart is showing serious momentum. Price is above all major EMAs, breakout volume is strong, and the structure continues to print higher highs.
But thereโs one problem: Stoch RSI is near 100 and price is already close to the 0.07689 high.
I wouldnโt chase here. A pullback toward the breakout/EMA7 area could provide a better risk-reward entry.
๐ข Entry: 0.0660โ0.0690
๐ฏ TP1: 0.0740
๐ฏ TP2: 0.0769
๐ฏ TP3: 0.0800
๐ SL: 0.0615
Bias: LONG ๐ โ but wait for the retest.
If $0.0668 holds as support, bulls can potentially attempt another push toward the recent high and beyond. A breakdown below $0.0615 invalidates this setup.
Chart-based scenario, not a guarantee.
This chart is showing serious momentum. Price is above all major EMAs, breakout volume is strong, and the structure continues to print higher highs.
But thereโs one problem: Stoch RSI is near 100 and price is already close to the 0.07689 high.
I wouldnโt chase here. A pullback toward the breakout/EMA7 area could provide a better risk-reward entry.
๐ข Entry: 0.0660โ0.0690
๐ฏ TP1: 0.0740
๐ฏ TP2: 0.0769
๐ฏ TP3: 0.0800
๐ SL: 0.0615
Bias: LONG ๐ โ but wait for the retest.
If $0.0668 holds as support, bulls can potentially attempt another push toward the recent high and beyond. A breakdown below $0.0615 invalidates this setup.
Chart-based scenario, not a guarantee.