๐ Trade Setup on $HNT - Helium: Bullish Resistance Breakout ๐
๐ Market Sentiment: Bullish
๐ Pattern: Ascending Triangle Breakout
๐ผ Trend: Uptrend (Short-, Medium-, and Long-Term)
๐ Momentum: Bullish (MACD and RSI signals)
๐ Trade Analysis:
Uptrend Confirmation โ | Bullish Momentum โ | Breakout Opportunity โ
๐ Targets:
๐ฏ Near-Term: $12.00 (+20%)
๐ Stop Loss:
SL at $8.95 (Set a price alert)
๐ Support & Resistance:
๐ช Support: $8.00 - $8.50 (Previous Resistance), $6.00
๐ Resistance: $10.00 (Broke), $12.00 (Next)
๐จ Trade Execution:
Traders may consider an entry as the price retests the breakout level near $10.00 for potential gains. Monitor closely and manage risks responsibly.
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