📈 Key levels for entry and exit:
Buy: Enter a buy position if the price breaks $152.50, the recent high. This will confirm that the uptrend may continue.
Targets (Take Profit):
TP1: $158.00 is the nearest target after the resistance breakout.
TP2: $164.00 is the next target if the move continues to gain momentum.
Stop Loss: Set the level at $140.90, which corresponds to the nearest support, to minimize risks in case of price reversal.
🔍 Indicators confirming the signal:
RSI (6): The value of 32.31 shows oversold, which may indicate an imminent reversal or correction upward.
StochRSI: Readings at 3.88 confirm oversold conditions, increasing the likelihood of an upward move.
MACD: At the moment, the MACD and DEA lines are diverging downwards, which signals a temporary correction, but this indicator should be revised when the signal is confirmed.
📊 Recommendations:
Open a position on a breakout of the $152.50 level for a confident confirmation of the trend.
Take profit at $158.00 or $164.00 depending on the strength of the market move.
Keep an eye on RSI and StochRSI for additional signals on possible entry points.
💡 Follow market dynamics and use smart risk management strategies!
