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$SAHARA (1h) - Momentum Reversal Long
Bias: Long
Entry (Zone): 0.0208 - 0.0222
Targets:
TP1: 0.0245
TP2: 0.0280
TP3: 0.0320
Stop Loss: 0.0174
Why this Setup:
I’m looking for a continuation of the rebound after the sharp capitulation, since price has already reclaimed the 0.02 area and is showing stronger buy momentum. I want a push through nearby resistance first, then a move back into the prior breakdown zone if buyers keep defending the higher lows.