A clear Double Bottom pattern is forming, and the rising volume confirms strong buying pressure — suggesting that a long entry can be taken now.
Price has broken above the neckline resistance around 0.169 – 0.170, showing potential for a bullish continuation.
🟢 Entry: Current levels (0.169 – 0.171)
🛡️ Stop Loss: Below 0.155
🎯 Targets:
TP1: 0.1835
TP2: 0.2000
The breakout with increasing volume supports the idea of a mid-term trend reversal.
#STO #USDT #CryptoAnalysis #DoubleBottom #TradingView #BullishSetup #Breakout #VolumeConfirmation
Price has broken above the neckline resistance around 0.169 – 0.170, showing potential for a bullish continuation.
🟢 Entry: Current levels (0.169 – 0.171)
🛡️ Stop Loss: Below 0.155
🎯 Targets:
TP1: 0.1835
TP2: 0.2000
The breakout with increasing volume supports the idea of a mid-term trend reversal.
#STO #USDT #CryptoAnalysis #DoubleBottom #TradingView #BullishSetup #Breakout #VolumeConfirmation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.