Update: $0.3120 breakout
0.3060$ $SOON is rising +2.34%, steady above EMA20 0.3054$ with volume 106K$ and Risk/Reward 1.93:1. Is the $0.3120$ breakout coming? ๐"*
1. *Sideways consolidation:* The chart moved up from $0.29$ to $0.31$ and then entered Sideways around $0.3060$ โ the green line Support zone is validated
2. *CURRENT $0.3060$:* Above EMA20 0.3054 and MA50 0.3042 = short-term uptrend confirmed
3. *Strong Order Book:* Bids 2,300 at $0.3060$ ($703.8$) are greater than Asks โ buying supports the price
4. *Stable volume:* Medium blue bars and the last two bars are bullish = buyers returning
- *Entry:* Current $0.3060$ โ above the averages $SOON
- *Stop Loss:*
- SL1: $0.2950$ (S1)
- SL2: $0.2880$ (S2)
- *Targets:*
- *TP1:* $0.3082$ โ first Ask in the Order Book
- *TP2:* $0.3120$ โ R2 resistance (+1.96%)
- *TP3:* $0.3180$ โ R3 extended target (+3.92%)
- *TP4:* $0.3250$
- *TP5:* $0.3350$
Above EMA20/MA50 + strong Bids + Risk/Reward 1.93:1 = Bullish signal.
0.3060$ $SOON is rising +2.34%, steady above EMA20 0.3054$ with volume 106K$ and Risk/Reward 1.93:1. Is the $0.3120$ breakout coming? ๐"*
1. *Sideways consolidation:* The chart moved up from $0.29$ to $0.31$ and then entered Sideways around $0.3060$ โ the green line Support zone is validated
2. *CURRENT $0.3060$:* Above EMA20 0.3054 and MA50 0.3042 = short-term uptrend confirmed
3. *Strong Order Book:* Bids 2,300 at $0.3060$ ($703.8$) are greater than Asks โ buying supports the price
4. *Stable volume:* Medium blue bars and the last two bars are bullish = buyers returning
- *Entry:* Current $0.3060$ โ above the averages $SOON
- *Stop Loss:*
- SL1: $0.2950$ (S1)
- SL2: $0.2880$ (S2)
- *Targets:*
- *TP1:* $0.3082$ โ first Ask in the Order Book
- *TP2:* $0.3120$ โ R2 resistance (+1.96%)
- *TP3:* $0.3180$ โ R3 extended target (+3.92%)
- *TP4:* $0.3250$
- *TP5:* $0.3350$
Above EMA20/MA50 + strong Bids + Risk/Reward 1.93:1 = Bullish signal.
