My Analysis: Price broke above the downtrend line and all MAs (MA99 ~8.69, MA25 ~8.62, MA7 ~9.24 now support). Strong volume on the breakout candles, higher highs forming. Bullish momentum building; holding above 9.00 keeps upside alive. Good R:R ~1:3+ on pullback entries. Watch rejection at 9.80–10.00 zone.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$LINK
Entry Zone: 8.90 – 9.20
Targets:
TP1: 9.80
TP2: 10.50
TP3: 11.20
Stop Loss: 8.50
My Analysis: Price broke above the downtrend line and all MAs (MA99 ~8.69, MA25 ~8.62, MA7 ~9.24 now support). Strong volume on the breakout candles, higher highs forming. Bullish momentum building; holding above 9.00 keeps upside alive. Good R:R ~1:3+ on pullback entries. Watch rejection at 9.80–10.00 zone.