$MIRA
/USDC BULLISH CONTINUATION SETUP
Market Structure:
Price is holding above the Supertrend (10,3) after a steady bullish move, forming higher lows and consolidating near key resistance. The structure indicates accumulation, suggesting the next upward leg is likely as buyers defend support zones.
Trend & Momentum:
Supertrend providing dynamic support, confirming bullish bias.
EMA and MA alignment supports continuation within the current uptrend.
Volume during the rally reflects strong buying pressure and trend sustainability.
Trade Plan – LONG SETUP:
Entry Zone: 0.1340 – 0.1375
Targets:
TP1: 0.1388
TP2: 0.1433
TP3: 0.1500
Stop Loss: 0.1270 (below Supertrend and structural support)
Invalidation:
A decisive break below the stop-loss zone would invalidate the bullish continuation setup.
Risk Management:
Risk a small fixed percentage per trade, secure partial profits at targets, and trail stop loss after TP1 to protect gains.
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