Now consolidating above the monthly support zone ($0.39–$0.40) — and building a potential launchpad.
Eyes on $0.51 for confirmation. This could get explosive. 🚀
🎯 Base scenario:
— Trendline break confirms end of the downtrend.
— Accumulation at the bottom range.
— Break and hold above $0.51 (range high) triggers long continuation.
📍 Buy zone: $0.39–$0.40
📈 Add on breakout above $0.514
🎯 Targets: $0.70 → $1.00 → $1.30
🛡️ Invalidation: Break below $0.35 = exit.
🔔 Key triggers:
— Break & close above $0.514 = signal to scale in.
— Volume expansion = confirmation of bullish intent.
— Loss of monthly support = get out.
🧠 Still early. But if we reclaim the range — this re-accumulation turns into breakout momentum fast.
💬
The breakout above $0.51 is the greenlight. Until then — accumulate, manage risk, and don’t fade the structure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.