$S Futures Trade Setup

Long Trade - Bullish Signal

Entry: $0.580 - $0.590

Take Profit (TP) Levels:

TP1: $0.605

TP2: $0.620

TP3: $0.640

TP4: $0.665

Stop Loss (SL): $0.545

Analysis:

$S chart is showing strong bullish momentum, with price action maintaining higher lows and breaking key resistance levels. The moving averages (MA 7, 25, and 99) are aligned in an uptrend, supporting further upward movement. The MACD histogram is still in the green, suggesting continued buying pressure.

A minor pullback to the entry zone could provide an optimal long entry before continuation to the next resistance zones. If price sustains above $0.590, the probability of reaching $0.640+ increases.

S
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+3.04%

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