$S /USDT BULLISH BREAKOUT — LAYER 1/2 GAINS MOMENTUM 🚀
$S has surged +19.6% and is consolidating near 0.04717 after testing the 0.05045 high. Price is trading above MA(7) and MA(99), while MA(25) aligns near current price, maintaining a bullish structure across short- and mid-term timeframes. MACD shows mild cooling, suggesting healthy consolidation before continuation. As long as 0.0465–0.0470 holds, bulls remain in control with potential to retest 0.050–0.051.
🔥 Trade Setup
Entry Zone:
0.0465 – 0.0472 (buy dips near moving average support)
Take Profits:
TP1: 0.0505
TP2: 0.0520
TP3: 0.0550
TP4 (extension): 0.0580
Stop Loss:
0.0425 (below MA(99) & key structural support)
📊 Short Market Outlook
Trend remains bullish with higher lows forming on intraday charts. Immediate resistance sits at 0.050–0.0505. A breakout above this zone can trigger momentum continuation toward 0.052–0.055. Key support is 0.0465–0.0470; losing this zone may trigger short-term consolidation, but overall bullish bias remains intact.
Trend: Bullish
Momentum: Consolidating, ready for continuation
Bias: Buy dips above 0.0465
#S #Layer1 #CryptoTrading #AltcoinMomentum #TechnicalAnalysis
