CLOUD/USDT : Bullish Reversal Setup with Targets at 0.3853 and 0.402

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The CLOUD/USDT pair is showing signs of a short-term reversal on the 1-hour time frame. A potential long setup is in place, with a breakout above the 0.3686 level as the key trigger for the trade. This move is supported by market conditions that suggest upward momentum after breaking this key resistance level.

Key Stats and Levels
Entry Price : 0.3686
Stop Loss : 0.3519 (4.5% risk)
Target 1 (TP-1) : 0.3853 (4.5% gain)
Target 2 (TP-2) : 0.402 (9.0% gain)

Technical Indicators and Analysis :
Short-Term Reversal : The 1-hour chart shows a potential reversal, supported by an impending breakout above 0.3686.

Stop-Loss Protection : The stop-loss at 0.3519 limits downside risk while allowing for upward price movement.

Targets :
TP-1 : Set at 0.3853 for an initial 4.5% profit.
TP-2 : Aiming for 0.402, which would yield a 9% return.


Conclusion
Bullish Setup : Break above 0.3686 signals a short-term long opportunity with clear profit targets at 0.3853 and 0.402.

Risk-to-Reward : The stop-loss at 0.3519 provides a good risk-to-reward ratio for this trade setup.

Pro-Tip for Investors :
Monitor Price Action : Watch for confirmation of the breakout at 0.3686 before entering.

Scalping Potential : Consider taking partial profits at TP-1 if price action shows signs of resistance.

Momentum Watch : Keep an eye on the 1-hour chart’s momentum to ensure the trend continues in your favor.

Always stay disciplined with stop-loss placements and stick to your exit strategy to maximize gains and limit losses.