After a period of tight consolidation, the market is showing strong signs of a bullish breakout. Momentum is picking up, and traders are eyeing key levels for potential gains. The recent long liquidation has reset the market structure, creating an opportunity for a decisive upward move. Entry zones are forming at strategic points, offering favorable risk-to-reward setups for those ready to ride the wave.
For traders looking to position themselves, the first take profit (TP1) level is within reach, with TP2 signaling a stronger continuation if momentum holds. A more aggressive target at TP3 could yield significant gains for patient participants. Risk management remains crucial, so placing a stop loss at a defined level ensures controlled exposure during market swings. Market sentiment is leaning positive, supported by increased trading volume and favorable technical indicators. Short-term consolidation has built the foundation for renewed upward pressure, making this a potential breakout scenario worth monitoring closely.
Entry Zone: Watch $0.7055–$0.7080
TP1: $0.7150
TP2: $0.7280
TP3: $0.7400
Stop Loss: $0.6950
ASTER
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