Trade Setup for #CRO/USDT ๐๐:
๐ Breakout: Confirmed, signaling a Bullish momentum
๐ฏ Target: $0.10 (+10% gain), potential extension to $0.12
โ๏ธ Stop Loss: $0.077
๐ Pattern Analysis: Price broke out of the Channel Down pattern, indicating a potential upswing. Breakouts from such patterns can lead to rapid price movements.
๐ Trend: Uptrend on Short-Term basis and Neutral on Medium- and Long-Term basis.
๐ Momentum: Bullish, with MACD Line above MACD Signal Line and RSI above 55.
๐ช Support/Resistance: Nearest Support Zone at $0.08, followed by $0.06. The nearest Resistance Zone is $0.10, with a potential extension to $0.13.
Trade wisely and stay adaptable! ๐๐
