Market Context: C98 has exited its accumulation phase, initiating a retracement trend while seeking a higher low. The price is holding above the 200-day EMA, signaling strength and offering a favorable entry for a bounce toward higher highs.
Trade Details:
Entry Zone: $0.1888 – $0.1774 Take Profit Targets: TP1: $0.24 TP2: $0.30 TP3: $0.37 Stop Loss: Daily close below $0.15
This setup leverages the breakout momentum and a strong support zone, aligning for a potential upward continuation. 📈
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.