📍 **Trade Plan**: ✅ **Entry Zone**: $9.12 - $9.20 (Breakout from the wedge pattern) 🚀 **Take Profit 1 (TP1)**: $9.52 (First Resistance Level) 🚀 **Take Profit 2 (TP2)**: $10.01+ (Extended Target if bullish momentum continues) 🔻 **Stop-Loss (SL)**: $8.69 (Below key support to limit risk) 📊 **Risk-Reward Ratio**: Favorable for a bullish continuation 📈
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### 🔹 **Technical Analysis & Setup** ✅ **Pattern**: Bullish breakout from a wedge/triangle pattern ✅ **Support Zone**: Holding above **$8.69** is crucial for continuation ✅ **Breakout Confirmation Needed**: Price must **close above $9.12** with strong volume ✅ **Momentum Shift Expected**: Break above $9.52 could push the price toward $10.01
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### 🔥 **Trade Strategy & Refinements** 📊 **Volume Confirmation**: Look for increased buying volume above **$9.12** 📈 📉 **Trailing Stop Strategy**: Once price reaches **TP1 ($9.52)**, adjust SL higher to secure profits 💰 **Partial Profit Booking**: Take some profits at **$9.52** and let the rest ride toward **$10.01+** ⚠️ **Watch for Fake Breakouts**: If price falls below **$9.00**, reconsider the setup
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### 🚀 **Final Thoughts** ✅ **Bullish Breakout Expected** – High probability of upward momentum 📈 ✅ **Strong Resistance at $9.52** – Needs a breakout for further upside 💰 ✅ **Momentum Shift Possible** – A break above $10.01 could lead to a bigger move 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
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