$MGO Rebound Setup – Continuation Breakout 🚀
MGO is showing a rebound from support, with price holding above key levels. The structure favors a bullish continuation toward breakout targets.
📈 Trade Setup (Long)
Entry Zone: 0.0219 – 0.0223
Bullish Above: 0.0216
Stop Loss: 0.0209
Targets:
TP1: 0.0235
TP2: 0.0250
TP3: 0.0278
🔍 Why This Setup
Rebound from support signals buyers stepping in
Bullish continuation likely while structure holds above 0.0216
Momentum recovery supports upward targets
Early entry offers favorable risk-to-reward
🧠 Market Note
Bullish bias remains valid above 0.0216.
Acceptance above 0.0223 could accelerate momentum toward 0.0235 → 0.0278.
Manage risk carefully — stop loss at 0.0209 protects against deeper pullbacks.
MGO
Alpha
0.022085
-1.97%
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