#BreakoutRetest $ASTR Here's a potential **breakout trade** setup based on the chart:
**Trade Setup**
1. **Breakout Entry Point**: Enter at **0.0780**, slightly above the current price, anticipating a breakout from recent consolidation and resistance.
2. **Stop Loss**: Place a stop-loss below the breakout level, at **0.0740**, to limit downside risk in case the breakout fails.
3. **Take Profit**: Target levels can be:
- First target at **0.0850**, a nearby resistance zone.
- Second target at **0.0900**, the recent high.
**Reasoning**:
- The chart shows a potential reversal and consolidation near recent highs. A breakout above **0.0780** could signal strong bullish momentum.
- Setting a stop-loss below the breakout zone ensures protection if the move reverses.
Would you like further assistance marking this on a sample chart or additional guidance?