Everyone's glued to the $BTC rally, but the 4H ascending triangle on $PRL is quietly coiling for a breakout.
$PRL - LONG
Entry: 1.92 – 1.95
SL: 1.84
TP1: 2.03
TP2: 2.12
TP3: 2.20
Why this setup?
- 4H RSI stuck at 58, showing room to climb without being overbought.
- ATR (4H) 0.07 gives a tight risk‑reward; stop sits just below the triangle base at $0.45.
- Volume surge on the last 15m candle (+42%) acts as a magnet toward the breakout zone.
- Bullish bias confirmed by 1D EMA 20 crossing above EMA 50, confidence ~78%.
Debate: Are you waiting to fade the breakout or riding the upside swing?
$PRL
$PRL - LONG
Entry: 1.92 – 1.95
SL: 1.84
TP1: 2.03
TP2: 2.12
TP3: 2.20
Why this setup?
- 4H RSI stuck at 58, showing room to climb without being overbought.
- ATR (4H) 0.07 gives a tight risk‑reward; stop sits just below the triangle base at $0.45.
- Volume surge on the last 15m candle (+42%) acts as a magnet toward the breakout zone.
- Bullish bias confirmed by 1D EMA 20 crossing above EMA 50, confidence ~78%.
Debate: Are you waiting to fade the breakout or riding the upside swing?
$PRL