$FORM The daily structure is clearly bullish with a high-volume breakout. The current move is a textbook post-impulse consolidation rather than a trend reversal. As long as price holds above the 0.29–0.30 demand zone and higher-timeframe MAs, the path of least resistance remains to the upside toward previous highs and beyond. Short-term indicators have reset from extreme overbought, creating a cleaner long opportunity with defined invalidation.
Entry Zone: 0.3020 – 0.3080
Stop Loss: 0.2870
Take Profit Targets:
TP1: 0.3250
TP2: 0.3500
TP3: 0.3800
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$INTW
$DOGS