Trade Setup for #CRO/USDT 📈🚀:
🔄 Pattern: Channel Down
🚀 Breakout: Confirmed, signaling a Bullish momentum
🎯 Target: $0.10 (+10% gain), potential extension to $0.12
⚖️ Stop Loss: $0.077
📉 Pattern Analysis: Price broke out of the Channel Down pattern, indicating a potential upswing. Breakouts from such patterns can lead to rapid price movements.
📈 Trend: Uptrend on Short-Term basis and Neutral on Medium- and Long-Term basis.
🚀 Momentum: Bullish, with MACD Line above MACD Signal Line and RSI above 55.
💪 Support/Resistance: Nearest Support Zone at $0.08, followed by $0.06. The nearest Resistance Zone is $0.10, with a potential extension to $0.13.
Trade wisely and stay adaptable! 🌐🚀 #Write2Earn #TradingSetup #BullishBreakout $CRO