Naoris Protocol ($NAORIS) — LONG SETUP 🚀📈
Current Price: 0.033
**Entry Zone:** 0.0330 – 0.0340
**Stop Loss (SL):** 0.030
**Take Profits (TP):**
TP1: 0.0355
TP2: 0.0380
TP3: 0.0420
**Timeframe:** 1H / 4H Confluence
**Setup Rationale:** This setup is based on a strong weekly support reaction combined with a clear liquidity sweep.
The price action shows promising signs. A significant wick from 0.0321 indicates a successful liquidity grab, suggesting potential for a bullish reversal.
Technical indicators are also aligning positively. The Relative Strength Index (RSI) is recovering above the 50-mark, and the Moving Average Convergence Divergence (MACD) is turning positive on lower timeframes.
Should the price successfully break above TP1 at 0.0355, we anticipate further momentum expansion.
⚠️ **Invalidation:** A move below 0.030 would invalidate this setup, as it would breach the established weekly base. Always manage your risk effectively. 🛡️
(NAORISUSDT)
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