As seen on the chart, price confidently broke out of the monthly accumulation zone 📊M-Levels $2.260–$2.400 and has been holding above its upper boundary for a few days now. This is a key technical signal, since staying in a range for a long time often precedes a more directional move.
🧩IMA data shows that large players have been adding to their positions over the last few days. This kind of behavior points to the accumulation phase wrapping up and getting ready for the next move.
Trade plan (Long)
🟢 Main entry: $2.400 (in the zone of the former upper accumulation boundary)
🟢 Additional entry: $2.320 (on a possible retest of the zone)
🛑 Stop: $2.060 (below the weekly range support level, accounting for volatility)
As long as price holds above the accumulation zone $2.260–$2.400, the priority remains on the continuation scenario.
⚠️If the idea was useful — glad to have your support 🚀.
Analysis based on 🧩IMA (Integrated Market Analysis)
📊M-Levels — Institutional Interest Level (IIL)
Platform restrictions don't allow publishing closed indicators. I only display the result of the 📊Levels algorithm.
Trade active
Note
First TP hit.Stop to BE.
More trading signals in my channel: t.me/well_street_levels
Related publications
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.
More trading signals in my channel: t.me/well_street_levels
Related publications
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.
