Breakout attempt underway as price reclaims range highs with momentum expansion $MGO
Market Context
Price formed a higher low near $0.0213 and has now pushed back into resistance around $0.0229. The 1H candle shows strong bullish intent with increasing momentum.
Trade Plan
Entry $0.0222 to $0.0230
Stop Loss $0.0210
TP1 $0.0240
TP2 $0.0260
TP3 $0.0290
Structure Logic
Higher low established at $0.0213
Strong bullish impulse reclaiming $0.0225
Breakout pressure building near range highs
Liquidity sitting above $0.0240 and $0.0270
Risk Perspective
A sustained move below $0.0210 would invalidate the bullish continuation structure.
Engagement Line
Holding above $0.0222 keeps breakout probability elevated toward $0.0260 plus.
Buy and Trade $MGO


MGO
Alpha
0.022061
+0.07%
