The chart for S is shaping up well, especially with price action testing and now breaking above the 50% Fibonacci retracement level at $0.52. This breakout zone often acts as a pivotal shift in sentiment from consolidation to continuation.
📍 Entry:
Around $0.52 breakout confirmation
🎯 Take Profit Targets:
🥇 $0.60
🥈 $0.70
🛑 Stop Loss:
$0.49 (just below the breakout level to protect against fakeouts)
📍 Entry:
Around $0.52 breakout confirmation
🎯 Take Profit Targets:
🥇 $0.60
🥈 $0.70
🛑 Stop Loss:
$0.49 (just below the breakout level to protect against fakeouts)
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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.
Disclaimer
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.