๐ $TA: Ready for the Next Leg Up? Support Re-test Confirmed! โก๏ธ
The market is showing a classic "surge and reset" pattern. After a powerful price jump, $TA has successfully corrected back to a critical support zone. On both the H4 and H1 timeframes, we are seeing a clear shift: selling pressure is exhausting, and buying volume is reclaiming dominance. ๐
This is often the "Golden Entry" before a new upward wave begins. Here is the professional breakdown of the trade setup:
๐ The Trade Plan: LONG
๐ Strategy: Pullback to Support / Trend Continuation
Entry Zone: 0.0305 โ 0.0311 (Look for stability here)
Stop Loss: 0.0294 (Protecting your capital is priority #1)
๐ฏ Take Profit Targets:
TP1: 0.0324 (Immediate Resistance)
TP2: 0.0329 (Mid-term Momentum)
TP3: 0.0336 (Wave Completion)
๐ก Why this setup?
The price action is currently respecting the support floor. When volume returns at these levels, it typically indicates that "smart money" is accumulating for the next breakout.
โ ๏ธ Risk Management: Always trade with what you can afford to lose. Volatility is high, so stick to the stop-loss levels provided.
What do you think? Is $TA heading straight for TP3, or will we see more consolidation? Let me know your thoughts in the comments! ๐
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