$TURTLE
/USDC BULLISH REVERSAL SETUP
The chart is showing early signs of trend reversal after a prolonged downtrend. Price has reclaimed the Supertrend support and is trading above key short-term moving averages, indicating a shift in momentum from sellers to buyers. Increasing volume on bullish candles suggests fresh demand entering the market, while higher lows are beginning to form, supporting a bullish recovery scenario.
TRADE SETUP (LONG)
Entry Zone: 0.0580 – 0.0605
Target 1: 0.0640
Target 2: 0.0675
Target 3: 0.0710
Stop Loss: 0.0530
MARKET EXPECTATION:
As long as price holds above the Supertrend and recent support zone, bullish momentum is expected to continue toward overhead resistance levels. A loss of support will invalidate this setup.
RISK MANAGEMENT:
Risk a limited portion of capital per trade, aim for a minimum 1:2 risk–reward ratio, and trail stop loss once price approaches higher targets.
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