đ $INIT usdt BULLISH Futures Trade signal â Breakout or Blowoff? Letâs Dive In!
đč Current Price: $0.8827 (+14.03%)
đč Timeframe: 15M
đč Indicators: MA(7, 25, 99)
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đ Market Breakdown:
1ïžâŁ Explosive Move: Price surged from $0.65 to $0.91, showing strong bullish momentum.
2ïžâŁ MA Confluence: 7MA > 25MA > 99MA â a clear uptrend structure.
3ïžâŁ Breakout Level: Recent high at $0.9188 might act as short-term resistance.
4ïžâŁ Healthy Volume: Rising volume supports the move, suggesting trend continuation.
5ïžâŁ Pullback Zone: If it cools off, $0.8120 could act as a solid support.
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đ Futures Trade Setup:
â Entry: Long above $0.8840 (Break and Hold confirmation)
â Target 1: $0.9180 (Local Resistance)
â Target 2: $0.9320 (Psychological Round Level)
â Stop Loss: $0.8120 (Below 25MA and structure support)
đž Risk-Reward: Approx. 1:2.5
đž Leverage: 5xâ10x (Adjust based on your risk appetite)
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đ„ Bulls are charging â but is the rally sustainable? Drop your thoughts below!