Credo Technology ($CRDO ) is showing strong bullish momentum after a solid consolidation phase! As seen on the 4H chart, every dip has been absorbed nicely, establishing higher lows with increasing volume.
📈 Trade Setup:
Entry Zone: $268.00 – $272.80
Target 1: $285.00
Target 2 (Main Target): $300.00+ 🎯
Stop Loss (SL): $254.00 (Below major support)
💡 Analysis:
The price action is consistently breaking out after shallow corrections. With the current momentum, testing the $300 level looks imminent. Manage your risk properly and use appropriate leverage!
📈 Trade Setup:
Entry Zone: $268.00 – $272.80
Target 1: $285.00
Target 2 (Main Target): $300.00+ 🎯
Stop Loss (SL): $254.00 (Below major support)
💡 Analysis:
The price action is consistently breaking out after shallow corrections. With the current momentum, testing the $300 level looks imminent. Manage your risk properly and use appropriate leverage!