$CDL is one of the biggest movers on the board right now, exploding more than 200% after a strong breakout from a long consolidation phase on the 1H chart. Price is now testing resistance near the current zone, making this an important area for continuation or cooldown.
Setup:
• Entry: 0.0140 – 0.0149
• Target 1: 0.0165
• Target 2: 0.0188
• Target 3: 0.0220
• Stop-loss: 0.0126
RSI around 77.4 shows momentum is heavily elevated, but buyers are still holding structure well after the breakout. As long as 0.0045000 support remains intact, the continuation setup still looks active despite the resistance test.
Trade #CDL here
CDL
Alpha
0.0072271
-5.96%