Trade Setup:
Bullish Scenario:
Entry: A confirmed breakout above $10 with volume or a retest of the ascending trendline around $9.
Targets:
Short-term: $12.50 and $15.00.
Long-term: $17.50 and $20.00.
Stop Loss: Below $8.50 to invalidate the ascending trendline structure.
Bearish Scenario:
A breakdown below $9 (demand zone and ascending trendline) could signal weakness.
Targets: $8.00 (minor support) and $6.50 (strong support).
Stop Loss for Short: Above $10.50 to avoid fakeouts.
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