It looks like you're tracking $OG /USDT with a bullish outlook. Based on your analysis, the breakout above the consolidation zone at $5.15 confirms upward momentum. Here's your updated trade plan:
Trade Plan:
Entry: Current price near $5.15.
Target 1: $5.30
Target 2: $5.50
Stop Loss: $4.95 (adjust to breakeven once Target 1 is hit).
Key Considerations:
Risk Management: Always ensure proper risk management.
Volume Confirmation: Watch for volume spikes to ensure the trend continues.
This setup is suitable for short-term or swing traders looking to capitalize on the bullish move. Maintain vigilance and adjust accordingly as the market evolves!
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