๐ Update and Analysis of Trade
$CITY Integrated View ๐ง
After merging the larger and smaller timeframes, the movement is breaking out from a strong accumulation zone, and we have a real breakout with the four-hour candlestick giving excellent signals. Hereโs the complete plan:
Entry Prices
Current Entry: The market is at $0.486, which is suitable.
Backup Entry: In case of a slight retracement to test support, buying between $0.465 and $0.474 would be golden. Closing conditions for the 4-hour candlestick:
Positive Indicator: The current candlestick needs to close above $0.474.
Confirmation of Uptrend: Closing above $0.486 and holding above it will send the price soaring to higher targets because the RSI on the larger timeframe is showing strong momentum, reaching 74.
๐ฏ Approved Trade Targets
Target 1: $0.510 Close resistance area
Target 2: $0.545 Medium target
Target 3 (Peak): $0.573 The main target for the current pump
๐ Safety Valve SL
Close of a full 4-hour candlestick below $0.436
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