Parabolic Expansion: $NFP Strong Breakout Continues
The chart shows that the strong breakout continues as price action enters a massive parabolic expansion phase. After establishing a solid baseline near the local low of $0.00900, massive buying volume flooded the market, sending the price surging upwards with extreme momentum to a local high of $0.01319.
Bulls are in complete control as the token registers a staggering +38.86% gain. Because the pump is highly vertical, chasing at the absolute peak carries heightened risk. Waiting for a minor intraday consolidation or a quick retest of key underlying liquidity levels will offer a much healthier risk-to-reward foundation for riding the next leg up.
Trade Setup (Long)
Entry Range: $0.01156 – $0.01272
Target 1: $0.01319
Target 2: $0.01340
Target 3: $0.01420
Stop Loss: $0.01063
Click below to Take Trade
