$CRCLon Consolidation Zone — Breakout Loading? ⚡📈
CRCLon
Alpha
115.96
+2.12%
bounced strongly from the 59.5 support and recently tested the 64.0 resistance before entering a tight consolidation near 62.5. This sideways movement after a sharp impulse shows healthy accumulation and balance between buyers and sellers. If price holds above 61.8, another push toward 64+ is likely. A break below 61.2 may bring short-term weakness.
Trade Setup:
Entry: 62.2 – 62.7
TP1: 64.0
TP2: 66.0
TP3: 68.5
SL: 60.9
Leverage: Max 8x