$WEN on $SOL. Possible bottomAppears NASDAQ:WEN may have double bottomed at the .786 retrace of the entire 1-5 wave count.
Accumulating between .00015-.0002
This is an accumulate and HODL. Spot only. Small size, this type of token should only be purchased with funds you are absolutely willing to lose a large % of.
This is key. It will make it it a lot easier to HODL no matter what.
The goal is to hodl until it pumps, period.
Will update upon pump
small size, spot, patience
😉 goodluck
Memecoin
MOODENG Up 1561% — Is a 50% Crash Next?MOODENG has gone full parabolic — launching from $0.0206 to $0.34 in just 36 days. That’s a staggering +1561% gain. But after a move this vertical, it’s time to ask the real question: can it sustain this pace… or is a correction looming?
Let’s break it down.
Technical Snapshot
MOODENG just tapped a major resistance zone — the 0.786 Fibonacci retracement (log scale) of the entire bear trend from $0.70 down to $0.0206. That drawdown was a brutal -97% over 143 days, defining the last macro bear cycle. The current rally has now retraced almost 80% of that decline.
And now? It’s knocking on exhaustion’s door.
RSI Screaming Hot
The RSI on the daily chart is currently at 96 — a level rarely sustained for long. Historically, these readings lead to sharp corrections as early bulls take profit and late buyers get trapped.
Key Structure:
The key swing high at $0.31982 was just taken out, possibly as a liquidity grab.
Price is now hovering at this level — hovering… or topping?
Potential Retracement Zone
If MOODENG enters a standard corrective phase, the $0.15411 level stands out. — it lines up as a logical 50–61.8% retracement zone from the recent parabolic leg. A return to that level would mean a -50%+ crash from current highs.
Short Trade Idea (On Confirmation Only)
Entry: Break below $0.32 and retest it as resistance
Stop-Loss: Above $0.34 (structure invalidation)
Target: $0.15411 (0.618 Fib retracement)
R:R: 7:1+
This setup requires patience. Don’t front-run it — let price lose $0.32 with conviction and treat a clean retest as your trigger.
📘 Bonus Insight:
Whenever you see extreme RSI paired with major Fib levels (like 0.786), you’re likely looking at the exhaustion phase of a move — especially when paired with psychological price levels and historical resistance. That’s where smart money exits… and emotional money enters.
🧠 Educational Note: Why You Should Be Cautious with Parabolic Moves
These kinds of explosive rallies are exciting, but they’re often unsustainable. When price goes vertical and indicators like RSI hit extreme levels, smart money starts exiting — and emotional money starts chasing.
Parabolic moves often end with sharp, sudden crashes. Chasing these tops may feel tempting, but more often than not, it leads to losses. The real edge comes from waiting — for structure, confirmation, and setups with defined risk. Don’t trade hype. Trade the chart.
Summary
MOODENG up +1561% in just over a month
Tapped the 0.786 Fib of its entire macro downtrend
Daily RSI at 96 → overheated
Break & retest of $0.32 = ideal short setup
Targeting a possible -50% correction to $0.15411
Keep your emotions out of it — parabolic runs like this are exciting, but it’s discipline that gets you paid. Let price confirm. Then strike. 📉🔥
SWARMS Is Bulish (12H)A key flip zone on the SWARMS chart has been reclaimed.
The trigger line has been broken, and we have a bullish CH (Change of Character) on the chart.
As long as the flip zone holds, price may move toward the identified targets.
A daily candle close below the invalidation level would invalidate this analysis
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Neiro: Your Altcoins Choice (S5)I am very curious as to why dogs became so famous within the Cryptocurrency market... It is very interesting. What is the relationship of dogs and this technology? Why dogs and not turtles or dragons? We know the cats went to videos but Crypto gets to enjoy man's best friend.
Neiro is good my dear friend very good just as you. Thanks a lot for your support.
I appreciate the time took out to comment and make this analysis request, I hope you are happy with the results.
NEIROUSDT is good, this is a solid chart.
This analysis is 100% based on the chart, technical analysis—TA.
The RSI looks pretty good on the bullish zone (above 50).
There is a bottom pattern in the form of a rounded bottom coming after a major downtrend. The action recovered above the 11-March low and the ensuing retrace was minimum which is a signal of strength.
The chart candles, the volume and indicators are telling me that an advance will happen next. The main move will be an up-move. Higher prices for sure. You can find targets mapped on the chart, it will be easy, it is high probability and it will be great.
Strategy? Buy and hold. But make sure to sell when prices are up do not become greedy. Enjoy the profits and move on. Opportunities are endless. You are good because you have good timing. Having good timing means that you are balanced in your life because you are looking at the market just at the right time. To be able to be here at the right time means that you are looking to win. Those that are looking to play will join when it is too late.
Timing is very important when trading because it removes all the complexities that come with joining a move when it is already underway. Buy and hold easy. NEIRO is set to grow in the coming weeks and months.
Thank you for reading.
Namaste.
Solvery IG: Top 3 Meme Coins Set for a Bullish Run by End of MayAs traditional crypto markets remain volatile, meme coins are once again stealing the spotlight with rapid, speculative surges. What began as internet jokes has evolved into a category of high-risk, high-reward digital assets that traders can't afford to ignore.
The expert team at Solvery IG, known for its focus on emerging trends and volatile crypto assets, has identified three meme coins with strong potential for bullish movement through the end of May 2025.
1. Pepe (PEPE)
Solvery IG Analysis: PEPE continues to hold a leading position among high-volume meme tokens. With growing interest across social media and renewed trading momentum, the coin is seeing a second wave of popularity. Its presence on major exchanges and strong liquidity signal a possible breakout.
Forecast: Solvery IG analysts expect a potential price increase of up to 70%, provided the current level of trader engagement persists.
2. Floki (FLOKI)
Solvery IG Insight: FLOKI has evolved far beyond meme status. With its expanding ecosystem that includes NFTs, educational platforms, and metaverse integrations, it’s becoming a multi-dimensional project. A strong community and aggressive marketing campaigns are fueling renewed investor interest.
Forecast: According to Solvery IG, FLOKI could double in value short-term if momentum continues and strategic partnerships expand.
3. Dogwifhat (WIF)
Solvery IG Perspective: WIF has gone viral in the spring of 2025. Its explosive popularity on platforms like X (formerly Twitter) and Reddit, combined with meme-driven culture, makes it one of the hottest tokens in the space. Solvery IG views this as a textbook case of speculative upside.
Forecast: With sustained hype and community engagement, WIF could rally by 100–120% before the end of May.
Solvery IG’s Position
At Solvery IG, we view meme coins as high-risk instruments that can play a tactical role in short-term investment strategies. Our analysts monitor real-time market sentiment, on-chain activity, and social media trends to identify timely opportunities in this fast-moving sector.
We don’t just observe the market — Solvery IG helps clients capitalize on volatility and momentum where it matters most. Meme coins, when approached strategically, are more than hype — they’re a vehicle for profit in dynamic market cycles.
PEPE/USDT Potential UpsdesHey Traders, in today's trading session we are monitoring PEPE/USDT for a buying opportunity around 0.00001260 zone, PEPE/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.00001260 support and resistance area.
Trade safe, Joe.
PIPPIN Looks Bullish (12H)It appears to be forming a triangle and is currently in the middle of wave D of that triangle.
If it returns to the green zone, we can look for buy/long positions within that area.
The targets are the red boxes. It may get rejected from the lower red box, so consider taking partial profits there.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
COQ Looks Like It's Making a Retracement – Waiting for Price Dr🚨 COQ Looks Like It's Making a Retracement – Waiting for Price Drop 📉
COQ looks like it’s currently making a retracement. I’m waiting for the price to drop to the green line levels and will be looking for confirmation before entering long! 📊
Let’s watch this move together and catch the next opportunity! 💼💸
TOSHI Forming Bullish Pattern – Breakout Needed! TOSHI Forming Bullish Pattern – Breakout Needed! 📈
TOSHI has formed a bullish pattern, but we need to see a breakout of the red resistance zone for the trend to continue. If the breakout happens, the first target could be the green line level! 📊
Let’s catch this breakout together! 💼💸
OFFICIAL TRUMP Targets: $50—264%, $121—764%, $192—1,271% &..."Patience is key" has been a valuable and valid tool in the past few weeks. TRUMPUSDT has been consolidating above support and nothing more is needed other than patience to win.
Today we are going to be looking at multiple targets, long-term and short-term. All the targets that are likely to hit in this upcoming bullish cycle.
$TRUMP is growing and will continue to grow. It is normal to see some consolidation before a major move. In fact, the consolidation phase (sideways) is what makes a strong bullish impulse possible. The first wave is in.
A bullish impulse consist of 5 waves. Three waves forward, advances, and two waves backward, corrections. The third wave tends to be the biggest wave based on size and volume but it can happen that the fifth wave ends up being the biggest one.
TRUMPUSDT is about to enter its third wave based on Elliott Wave Theory. The third wave would easily cut through $34 as a resistance level and continue higher to reach $51. This $51 target gives a nice 264% but this is easy. Additional growth can happen within months and TRUMPUSDT can hit $121 for a total of 764%.
The fourth wave is a correction. Seeing that the second wave was very small and short, the fourth wave can be long in size and duration. After this wave comes the final wave which is the speculative wave. In this wave, Wave 5, anything goes.
TRUMPUSDT can continue growing through late 2025 and reach major new All-Time Highs. A $148 target can be easy if $121 is reached within the third wave. A strong peak price for the fifth wave would be $192 for a huge 1,271%. With a strong blow-off top, a $263 target can close the cycle with an astonishing 1,778%. Of course, it can go higher on a wick based on the weekly or monthly timeframes. Surely, this is a new trading pair with no historical data, growth can definitely go beyond the chart.
These targets are based on Elliott Wave Theory and Fibonacci proportions, they can work as a map to help us navigate future price action as the bull market develops.
Thanks a lot for your continued support.
Namaste.
TradeCityPro | FARTCOIN: Watching Trendline & RSI for Next Move👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the FARTCOIN token. This project is one of the meme coins that launched in 2024 and has shown good growth so far.
🔍 This meme coin currently has a market cap of $1.31 billion and ranks 65th on CoinMarketCap.
📅 Daily Timeframe
On the daily timeframe, as you can see, the price recorded a major top at the 2.16674 zone in early 2025 and then entered a correction phase.
✨ This correction phase was quite long and extended down to 0.21562, but after a bottom was formed in that area, bullish momentum returned to the coin and it started moving upward again.
✔️ Currently, the price has moved up to around the 1.53002 level and has a rising trendline that it has touched several times, serving well as a dynamic support level.
📊 For now, the issue with this trend is that the volume has significantly decreased compared to the previous leg, which could indicate weakness in the upward trend. We need to wait and see whether buying or selling volume increases in the next move — either a correction or another bullish leg — to confirm whether the trend will reverse or continue.
📈 For a long position, 1.53002 is the closest trigger to the current price. If this level is broken, the price could move toward 2.16674.
🛒 The main confirmation for a bullish continuation and a strong long position would come after the breakout of 2.16674. That’s also our trigger level for a spot buy.
🔽 To turn bearish, the key trigger is breaking the 0.63121 support. However, a riskier trigger would be breaking the trendline and activating the 1.00301 trigger. If that happens, we can consider it confirmation of the beginning of a correction.
💥 The RSI oscillator is currently forming a clean box between 50 and 70 and is now near the top of this box. If RSI enters the Overbuy zone, it would strongly confirm a long position.
📉 For a trend reversal or the start of a correction, a sustained RSI move below 50 would provide confirmation.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#MEME #MEMEUSDT #MEMECOIN #LONG #SWING #Eddy#MEME #MEMEUSDT #MEMECOIN #LONG #SWING #Eddy
MEMEUSDT.P SWING Long Setup
Important areas of the upper time frame for swing are identified and named.
This setup is based on a combination of different styles, including the volume style with the ict style.
Based on your strategy and style, get the necessary confirmations for this Swing Setup to enter the trade.
Don't forget risk and capital management.
The entry point, take profit point, and stop loss point are indicated on the chart along with their amounts.
The responsibility for the transaction is yours and I have no responsibility for not observing your risk and capital management.
By scratching the price and time bar, you can see the big picture of targets.
Buy Position "LONG" Spot & Future Details :
Entry : 0.002662
Stop : 0.002616 (( 1.73% ))
Target 1 : 50% Spot
Target 2 : 100% Spot
Target 3 : 500% Spot
Target 4 : 1000% Spot
Target 5 : 1500% Spot
Target 6 : 2000% Spot
Be successful and profitable.
Wen: Your Altcoin ChoiceWen had a bull market in 2024. A 1,300% bullish wave that peaked in March. After this wave, the market went down and finally sideways.
The bullish signal here comes from the volume indicator. The highest volume ever happened in late March 2025, just two weeks ago.
This much buying at bottom prices can easily indicate that whales are starting to load on this coin. Whales buying is something to always consider because whales are in the know. They know when the top is in and when the bottom is in. When they start buying, the market is soon to change. When they start selling, it is the end of a bullish phase.
Here we can see no volatility, no swings, no momentum and no volume until the market enters new All-Time Low territory. Once this new low levels are activated, there is a huge increase in trading activity, buying and selling. So participants had no interest in this pair, as soon as prices became low, we see a strong accumulation phase.
This signal is quite revealing, it tells that whatever is happening now is about to change.
WENUSDT went from going down to sideways and from sideways lower to a new All-Time Low. After this sideways and ATL period, we will experience a new wave of growth. That's based on market cycle, marketwide action, experience and the volume indicator. Prepare for massive growth.
Imagine a bullish wave that starts to build up now and peaks after 3 months. 1-2 months with momentum building up and the last month a major wave of growth. After this wave, the classic correction. But this correction won't lead to a new low and consolidation phase. Instead, this will be a quick correction that will lead to a new session of growth, the last and final; the bull market bull-run phase.
Thank you for reading.
Namaste.
$FLOKI/USDT BREAKOUT TRADE SETUP🚨 $1000floki/USDT Breakout Trade Setup
Massive breakout from a long-term downtrend line on the 1d chart
Price has reclaimed the 0.095–0.10 resistance zone, now acting as support.
- Entry Zone: $0.096 – $0.103
- Targets:
• TP1: $0.14
• TP2: $0.18
• TP3: $0.29 (+192% from breakout zone)
Stop Loss: $0.08686
Leverage Suggestion: 3–5x max
Clean bullish structure.DYOR, NFA
BEAMX Looks Bullish (8H)Two higher lows have been formed at the bottom of the chart, and the price has already created a bullish CH.
A trigger line has been formed, and it is expected to break after a few touches.
With the trading range maintained, the price is expected to move towards the targets, which are marked on the chart.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MEME Main trend -97% Channel. Reversal or scam zone.Logarithm. Time frame 3 days (less is not needed).
🟡 The price has reached a decline from the highs (not a listing squeeze) -97%. These are practically the maximums of declines after the hype for cryptocurrencies of such liquidity (96-98), after which there is only a complete scam. At the moment, there is a reaction from this zone (the lower zone of the main trend channel) (impulse buyback), and a rollback after it, which forms the canvas of a potential ascending flag. If there is a breakthrough, then locally - the implementation of the ascending flag.
⚠️🔼 These are high-risk cryptocurrencies of such liquidity (that's why such declines are big), but the percentage of price growth in them, for the same reasons (liquidity/volatility) is an order of magnitude greater in the case of their implementation. When working with such assets, observe money management.
🟣 Implementation of the flag's goals (essentially to the channel median) +80-100%
🟡 To the resistance of the descending channel of the main trend +325%
🔵 To potential highs (one of the previous consolidations) +1000-1300%.
Bitcoin Total Market Cap Update – Strategic Scenarios AheadAs of May 8, 2025, the total cryptocurrency market capitalization stands at approximately \$3.012 trillion, reflecting a 2.17% increase from the previous day . Bitcoin's market cap is around \$1.962 trillion, with a current price of \$98,798.11 .
Given these figures, we are considering the following potential scenarios for the crypto market:
---
1. Break Above \$3T and Hold ✅ (30% Probability)
* The market breaks through the \$3 trillion level.
* Retests it as support.
* Continues the bullish momentum from there.
---
2. Rejection and Consolidation 🔁 (50% Probability)
* Price gets rejected at \$3T.
* Moves sideways between \$2.8T and \$3T.
* Eventually breaks out and retests \$3T as support before resuming upward.
---
3. Bearish Turn Below \$2.8T 🔻 (20% Probability)
* Rejection at \$3T.
* Market loses \$2.8T support.
* Retests \$2.8T as resistance, followed by further downside pressure.
---
Key Levels to Watch
* \$2.8T and \$3T are critical zones. Movements between these levels indicate uncertainty and should be approached with caution.
---
Our Perspective
A retest of \$3T as support could present the strongest buying opportunity of this cycle. We urge everyone to stay alert, analyze carefully, and prepare accordingly.
Golden Cross is looming — remain focused and disciplined.
---
Stay updated and connected:
With best regards,
Team ProCryptoEdge
Educate. Empower. Elevate.
FARTCOIN Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring FARTCOIN for a selling opportunity around 1.1650 zone, FARTCOIN was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.1650 support and resistance zone.
Trade safe, Joe.
PENGUUSDTA risky analysis of a popular meme coin..
Based on this analysis, we are in wave 4 and it is expected to end soon and enter wave 5..
Around 0.091 to 0.085, if the price reaches it, it will be suitable for a short swing to the target of 0.0163 and 0.0175..
Ideal time zones are also marked with low tolerance..
This analysis can be easily filled..
POPCAT Looks Bullish (12H)At the bottom, a 3D pattern can be seen, which indicates that the downtrend had ended.
Now, after a strong break of the trigger line, it seems that the price is aiming to form a bullish 3D pattern.
The green zone is the area from which the price may initiate the third drive.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
KASPER - THE GHOAST OF KASPA (TA + TRADE PLAN) BY BLAŽ FABJANTechnical Analysis for KASPER (KASPER/USDT) by Blaž Fabjan
Trend Analysis:
The chart indicates a rising wedge pattern on the horizon, a bearish reversal signal, which suggests a potential downward price movement after the completion of the pattern.
The price is currently in a consolidation phase, with a series of lower highs and higher lows within the wedge structure.
Support and Resistance Levels:
Resistance: The price has approached a resistance zone around the Wick High level, which indicates selling pressure in this area. A breakout above this resistance level could lead to a continuation of the upward trend.
Support: The Strong Low zone is acting as the lower support for the current price action, with buyers attempting to defend this level.
Indicators:
RSI (Relative Strength Index): Currently at 82.43, which is in the overbought territory, indicating that the asset may be overextended and susceptible to a pullback or correction.
MFI (Money Flow Index): The current MFI reading suggests an inflow of capital into the asset, indicating that the buying pressure is strong. However, if the price hits the overbought region, it could signal a reversal.
Stochastic: The stochastic oscillator is at 96.19, indicating that the price is in an overbought condition and might be due for a pullback or consolidation in the short term.
VMC Cipher B Divergences: The indicator is showing bullish divergence at the recent lows, suggesting that buying pressure could continue, but it needs to be validated by a breakout above resistance.
Volume:
The volume is gradually increasing, which is a positive sign for the continuation of the trend. However, volume spikes during a breakout are crucial to confirm the trend's strength.
Trading Plan for KASPER (KASPER/USDT)
Key Entry Levels:
Breakout Entry: If the price breaks above the resistance zone near 0.00001000, consider entering a long position. Set the take profit target at around 0.00001500 (strong bullish continuation level) for a potential 50% price increase.
Reversal Entry: If the price fails to break the resistance and starts falling towards the Strong Low support level near 0.00000500, consider entering a short position. A move below the Strong Low could signal a reversal of the current uptrend.
Stop-Loss and Risk Management:
Long Position Stop-Loss: Set a stop-loss just below the Strong Low (around 0.00000450) to protect from a sudden price drop. The stop should be tight as this asset is volatile.
Short Position Stop-Loss: If entering a short position, place the stop-loss above the resistance level at 0.00001050 to minimize losses in case of a breakout.
Target Levels:
Short-Term Target (Bullish): If the breakout occurs, consider targeting a price of 0.00001500 based on the rising wedge pattern's projected price target.
Short-Term Target (Bearish): If the asset fails to hold above the support zone and breaks lower, target the 0.00000350 level as the next potential support area.
Trading Psychology:
Patience: This is a volatile asset, and it's important to wait for clear confirmation of a breakout or breakdown before entering the trade.
Risk-Reward Ratio: Aim for a 1:3 risk-reward ratio, which ensures you are risking less compared to the potential reward on each trade.
Monitor Indicators: Regularly monitor the RSI, Stochastic, and MFI for overbought or oversold signals. Additionally, follow volume patterns closely to gauge market momentum.
Exit Strategy:
Exit the position once price targets are reached or if indicators show signs of an exhaustion or trend reversal (e.g., RSI turning downward from overbought levels, stochastic crossing down).
Given the current chart formation and technical indicators, KASPER could be poised for a breakout to the upside, but there is a high risk of a correction given the overbought conditions.
Caution is recommended: monitor price action closely and adjust your strategy accordingly to avoid entering too early in a rising wedge or an overbought market.
KASPY COULD BE THE NEXT BIG THING (TA+TRADE PLAN)Technical Analysis of KASPY (KASPY/USD) BY BLAŽ FABJAN
1. Price Action & Trend Structure:
Falling Wedge (Red Zone): The chart shows a classic falling wedge pattern, a bullish reversal formation. This indicates that the downtrend has slowed down, and a breakout could be imminent.
Descending Triangle (Top Right Zone): This descending triangle formation suggests consolidation near resistance. If KASPY breaks out above the horizontal line of the triangle, a move towards higher targets can be expected.
2. Key Support and Resistance Levels:
Bottom 1 (Green Box): A significant support zone that previously bounced the price upwards. This zone should hold if the price tests it again.
Bottom 2 (Green Box): Another crucial support level showing a potential buying area. This could act as a safety net in case the market dips.
Resistance Levels (Red and Blue Targets): The upper red zone represents significant resistance, where the price might face selling pressure. The chart shows targets aligned with these resistance zones.
3. Technical Indicators:
VMC Clipser (B Divergences): The indicator shows mixed signals with a divergence in the upward movement, suggesting potential reversal or continuation. The positive divergence is noted with green arrows indicating buying opportunities.
RSI (Relative Strength Index): RSI is at 50.97, indicating neutral market conditions. It is not overbought or oversold, which suggests that there is room for price action in either direction.
Money Flow Index (MFI): The MFI value is 54.13, which confirms that there is moderate buying interest. MFI values above 50 suggest positive money flow, supporting potential upside movement.
Stochastic Oscillator: The stochastic oscillator shows a level of 21.93, indicating an oversold condition. This could signal an upward bounce as the market may be ready to reverse.
4. Market Sentiment & Time to Bounce:
The chart annotation “Time to Bounce” suggests a potential upward price movement after consolidating within the rectangle and descending triangle formation. The market sentiment appears to favor a bullish breakout.
Trading Plan
Entry Points:
Primary Entry: If KASPY breaks above the upper boundary of the descending triangle, targeting the breakout point at around 0.0000020 (upper resistance zone), this could be the ideal entry point for a bullish trade.
Secondary Entry (Bounce Play): If the price approaches the support areas (Bottom 1 or Bottom 2), consider entering long positions as the price bounces upward off these zones. The oversold conditions in the stochastic oscillator provide confidence for a potential bounce.
Target Levels:
Target 1: Around the upper red zone resistance (0.0000020), which has already been marked as a target in the chart.
Target 2: The second resistance zone at 0.0000025, aligning with the overall market conditions.
Long-term Target: A breakout could send the price higher to 0.0000035 (or higher), depending on the strength of the breakout.
Stop Loss & Risk Management:
Stop Loss: Place stop loss orders below the support level (around 0.0000015) to minimize losses if the price fails to hold at support. A tighter stop loss could be placed just below the bottom of the falling wedge.
Risk-to-Reward Ratio: Aim for at least a 3:1 risk-to-reward ratio for this trade, ensuring that the potential profit justifies the risk taken.
The KASPY chart shows a favorable setup for a potential bullish move, with a falling wedge pattern and a descending triangle indicating a possible breakout. Key indicators support this outlook, with neutral RSI and a favorable stochastic reading. The trading plan includes strategic entry points, realistic target levels, and prudent risk management.