#StrategyBTCPurchase đ $TA
Soars +34%! New Impulse or Bull Trap?
TA just delivered an impressive +34% surge, hitting $0.05757. The RSI (24h) sits at 57.17, showing moderate buying strength â no overbought signals yet, leaving room for further upside momentum.
Technically, the price broke local resistance and now trades above the short-term MA, hinting at a possible new uptrend formation.
Support: $0.053â$0.054
Resistance: $0.060â$0.063
đ Bullish Scenario:
If TA holds firmly above $0.055, the next leg up toward $0.062â$0.067 is on the table.
â Entry: $0.056â$0.057
đŻ Targets: 0.062 / 0.067
đ Stop-Loss: 2â5% below entry (~$0.054â$0.055)
đ Bearish Scenario:
A drop below $0.053 could trigger a correction toward $0.049â$0.050. In that case, itâs safer to wait for consolidation or a clear reversal setup before re-entering.
đĄ Tip: Use only a small portion of your capital and trail stops to breakeven as the trade moves in profit.
đ What do you think â is TA starting a new bullish wave or setting up a classic bull trap?
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