The price has successfully broken out of the descending trendline, showing early signs of bullish momentum.
If this breakout holds, potential targets are:
🎯 TP1: 0.7695
🎯 TP2: 0.8462
Support levels to watch for possible retest:
🟥 0.6620 and 0.6010
A healthy retest followed by strong volume confirmation could lead to a continuation toward higher levels.
📊 Breakout confirmed – waiting for retest and confirmation candle.
If this breakout holds, potential targets are:
🎯 TP1: 0.7695
🎯 TP2: 0.8462
Support levels to watch for possible retest:
🟥 0.6620 and 0.6010
A healthy retest followed by strong volume confirmation could lead to a continuation toward higher levels.
📊 Breakout confirmed – waiting for retest and confirmation candle.
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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.
