### πΉ **Technical Analysis & Setup:** β **Pattern:** **Falling Wedge (Bullish Reversal Pattern) π β π** β **Support Zone:** Strong buyer interest around **$7.20 - $7.25 (Yellow Zone)** β **Breakout Confirmation Needed:** Price should break out of the wedge with strong volume β **Momentum Shift Expected:** Higher lows forming, signaling bullish pressure
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### π₯ **Trade Strategy & Refinements:** π **Volume Confirmation:** Look for **increased buying volume** at breakout above $7.25 π π **Trailing Stop Strategy:** Once price reaches **TP1 ($7.69), adjust SL higher** to lock in profits π° **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($8.29+)** β οΈ **Watch for Fake Breakouts:** If price **drops below $7.00**, reconsider the setup
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### π **Final Thoughts:** β **Bullish Reversal Expected β High probability of breakout continuation** π β **Strong Support at $7.20 - $7.25 β Ideal entry for risk-reward optimization** π° β **Momentum Shift Possible β A push above $7.69 could drive ACDC to $8.29+** π π **Trade Smart & Stick to Your Plan!** ππ₯
Would you like any refinements or additional insights? ππ
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