$INIT /USDC BULLISH RECOVERY CONTINUATION
Market Structure:
Price is stabilizing after a corrective phase and continues to hold above the Supertrend (10,3), indicating buyers are defending key demand levels. The recent higher low near the support zone suggests accumulation and a potential continuation toward the upper resistance band.
Trend & Momentum:
Supertrend acting as dynamic support, keeping bullish bias intact.
EMA and MA structure shows early trend recovery from oversold conditions.
Reduced selling pressure during pullbacks signals strength beneath price.
Trade Plan – LONG SETUP:
Entry Zone: 0.0860 – 0.0895
Targets:
TP1: 0.0966
TP2: 0.1014
TP3: 0.1080
Stop Loss: 0.0820 (below structure support and trend invalidation)
Invalidation:
A decisive break below the stop-loss zone would invalidate the bullish recovery scenario.
Risk Management:
Use disciplined position sizing, risk a small fixed percentage per trade, and trail stop loss after TP1 to protect capital.
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