Result: 3.53% → -2.77%
15m TF. GAS is in a local consolidation phase following an upward impulse. The price has stabilized slightly below a key resistance level, forming a narrow trading range.
Buyers continue to actively buy on pullbacks. Sellers have not yet managed to establish a sustained downtrend.
In the event of a breakout, the most likely scenario is a continuation of the uptrend. This will occur as liquidity above previous highs is absorbed and new buyers are attracted.
We recommend two entry options:
- Market entry (MARKET) after the price firmly consolidates above 1.0550.
- Limit entry (LIMIT) on a retest of the 1.0545–1.0550 zone, provided there is confirmation of buyer interest.
Exit targets:
- TP1: 1.0600
- TP2: 1.0650
- TP3: 1.0700
Author: CRYPTOCASH
View chart | Trade | #LevelBreakout
