$WING /USD Soars: Will It Maintain the Momentum Above $5.68?
$WING /USD is currently trading at $5.683 on the 15-minute chart, showcasing strong bullish recovery from its recent low of $5.27. The price is nearing a key resistance level at $5.80, with support established at $5.62. Traders can consider entering a long position around the current price of $5.68. Profit targets are closely placed to maximize potential gains: TP1 at $5.72, TP2 at $5.76, and TP3 at $5.80. To mitigate risk, a stop-loss (SL) is recommended at $5.62.
The RSI suggests strong momentum with the MACD confirming an uptrend, making this a promising opportunity for short-term gains. Monitor price action closely at the resistance zone, as a breakout could fuel further upward movement.