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$HIGH Showing strong recovery signals after the correction phase, with an upward structure gradually forming and (momentum) significantly improving as the price breaks above an important resistance zone.
After accumulating for a sufficient period, the buyers begin to take control, indicated by higher highs and higher lows. The price breaking through the previous resistance level shows that demand is returning to the market. If the momentum continues to be maintained, the short-term bullish trend is more likely to be confirmed clearly.
📈 Proposed trading plan:
⟶ Entry zone (: 0.235 – 0.245
• Take profit 1 ): 0.260
• Take profit 2 (: 0.280
• Take profit 3 ): 0.300
⛔ Stop loss (: 0.220
A suitable strategy is to wait for a slight correction back to the entry zone to optimize the position. If the price remains above 0.235 and trading volume continues to increase, the bullish trend may be reinforced.
However, risk management must be strict. If the price breaks below 0.220, the bullish structure will be invalidated, and a strict stop-loss discipline should be followed to preserve capital.
Overall, ) is in a positive technical state, and if market conditions are favorable, the above targets can fully be activated in the near future.
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