$ELIZAOS Following a staggering +73.77% vertical explosion, the price is undergoing a healthy and expected retracement. This is not a top; it's a classic consolidation after a parabolic move. The shallow pullback is setting the stage for the next major impulsive wave to significantly higher levels.
TRADE SETUP
· ENTRY ZONE: $0.0060 - $0.0063
· TAKE PROFIT 1: $0.0072
· TAKE PROFIT 2: $0.0080
· STOP LOSS: $0.0057
SHORT MARKET OUTLOOK
Extremely bullish primary momentum with a short-term corrective pullback.The overarching trend is violently up. The immediate target is a retest and break of the local high near $0.0070. Critical support for continuation is now at $0.0060. A hold above this level confirms the uptrend's strength.
Buy and trade here on $ELIZAOS
ELIZAOS
Alpha
0.0048595
-9.02%