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BULLISH BREAKOUT SETUP
$X is showing strong bullish momentum as the EMA(7) has crossed above EMA(25) and price is holding above key support levels. The recent upward movement indicates potential continuation towards higher resistance zones. Short-term trend confirms buyers are in control, with volume supporting the rally.
Trade Setup:
Entry (Long): 0.4680
Target 1 (TP1): 0.4730
Target 2 (TP2): 0.4780
Target 3 (TP3): 0.4840
Stop Loss (SL): 0.4620
Risk Management:
Maintain a strict risk-to-reward ratio of 1:2. Scale out profits at each target and move SL to break-even after TP1 is hit. Avoid over-leveraging and stay disciplined in volatile conditions.
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