Clean setup š $ARTX is shaping up like a textbook early-stage momentum breakout.
š ARTX ā Momentum Breakout Setup
Structure:
Price is printing higher highs, confirming a bullish structural shift from prior consolidation. Buyers are stepping in aggressively on dips, suggesting accumulation beneath resistance.
Trigger:
š Bullish Above: 0.270
This level acts as local resistance. A clean 4H or daily close above 0.270 confirms breakout continuation and reduces fakeout risk.
šÆ Profit Targets
TP1 ā 0.285
⢠First resistance zone
⢠Ideal area to secure partial profits (30ā50%)
⢠Move SL to breakeven after this hits
TP2 ā 0.310
⢠Psychological round-number resistance
⢠Possible volume exhaustion or short-term pullback
⢠Strong level to scale out further
TP3 ā 0.350 š
⢠Momentum extension target
⢠~40% gain from ~0.25ā0.27 zone
⢠Requires sustained volume expansion
š Risk Management
For a proper R:R profile:
Conservative SL: Below 0.255 (prior higher low zone)
Aggressive SL: Below 0.262 (tight structure hold)
Ideal R:R on TP3 is strong if entry is confirmed above 0.270 with volume.
Trader $ARTX Here šš¼

