$PTB USDT PERP MOMENTUM IGNITION AFTER BASE FORMATION
$PTB has printed a clean volatility expansion after a prolonged accumulation near the lows. The chart shows a tight base followed by an impulsive breakout candle, confirming aggressive buyer entry and a clear shift in short-term structure. This kind of vertical move usually signals trend initiation, not exhaustion, as long as price holds above the breakout zone.
After the first push, price is now pausing just below the recent high, suggesting healthy consolidation rather than distribution. If this range holds, continuation toward higher resistance levels becomes the higher-probability scenario.
Bullish Continuation Setup
Entry Zone: 0.00260 – 0.00275
TP1: 0.00320
TP2: 0.00360
TP3: 0.00410
SL: 0.00235
Risk Management:
Avoid chasing extended candles, size positions conservatively, and trail stops after TP1 to lock in profits while staying exposed to upside momentum.
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