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

MGOBSC
MGO
0.022061
+0.07%