🧠 Chart Analysis

Current Price: $6.33

Recent High: $6.89

Pattern: Parabolic breakout with consolidation — the asset recently made a vertical rally after long accumulation between $0.13–$1.00, indicating strong momentum and volume influx.

Structure: After each surge, minor pullbacks formed higher lows — signaling strong trend continuation.

🎯 Trade Setup

Type: Long (trend continuation)

Entry: Around $6.20–$6.35

Stop-Loss: Below $5.40 (under last support zone and breakout base)

Target Profit(s):

TP1: $6.90 (previous high)

TP2: $7.80 (measured move target based on breakout leg)

TP3: $8.50+ (extension if momentum continues)

Risk-Reward Ratio: ≈ 1:2.5 to 1:3

📊 Probability of Success

Given the strong uptrend, rising volume, and continuation pattern, the probability of hitting TP1–TP2 is around 70–75%, assuming momentum sustains and Bitcoin remains stable.