$PLUME /USDT BULLISH LONG SETUP โ ASCENDING TRIANGLE BREAKOUT! ๐
$PLUME is showing a strong breakout from its recent consolidation zone, supported by rising volume and higher lows, signaling bullish momentum. Price action is forming an ascending triangle, suggesting continuation to the upside. Traders should look for a confirmed close above the breakout level before entering a long position.
Trade Setup:
Entry (Long): Above key breakout level after confirmation
Take Profit (TP):
1. First TP at nearest resistance zone
2. Second TP at next major supply zone
3. Third TP near psychological round figure
Stop Loss (SL): Below the ascending trendline or last swing low
Risk Management:
Risk only 1โ2% of capital per trade and consider trailing the stop once the first target is achieved to lock in profits.
Market Outlook:
$PLUME remains in a bullish trend, with potential continuation toward higher resistance levels if volume sustains. Traders should monitor breakout confirmations and adjust risk accordingly.
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