Looking at your chart (HUSDT Day Chart), hereโs a possible long trade setup based on the breakout of the falling wedge:
๐ Long Trade Setup (Daily Chart)
Entry Zone:
After breakout confirmation, a good entry is around 0.029 โ 0.031 USDT.
If price retests the wedge breakout trendline successfully, that would give extra confirmation.
Targets (Resistance Zones):
Target 1: 0.038 โ 0.040 USDT (Resistance 1).
Target 2: 0.060 โ 0.065 USDT (Resistance 2).
Target 3: 0.095 โ 0.105 USDT (Resistance 3).
Stop Loss:
Below recent swing low or wedge support: 0.024 โ 0.025 USDT.
RiskโReward Ratio (RRR):
Entry ~0.030, SL ~0.025, TP1 ~0.040 โ RRR ~2:1.
TP2 and TP3 offer much higher RRR if the breakout is strong.
Confirmation to Watch:
Daily candle close above wedge resistance.
Volume increasing on breakout.
If BTC/market remains bullish, higher probability of continuation.
๐ Suggested Play: Scale out at each resistance level (take partial profits at TP1, TP2, and leave a small portion for TP3 if momentum continues).
