$M Multi-position Observation +42.69% – Moving Average Support After Volume Breakthrough
The price has broken through the previous platform with increased volume, and the EMA (9/15) has formed a golden cross upwards, with moving averages beginning to diverge bullishly. This is a typical trend initiation signal.
Key Positions
· Support: 2.25 - 2.30 (breakout level and EMA9)
· Resistance: 2.84 (previous high) / 3.00
Trading Plan
· Entry: 2.28 - 2.35 area (pullback confirmation)
· Stop Loss: below 2.15 (breaks EMA15)
· Take Profit: 2.78 / 2.95
The volume-price coordination is good, and the pullback after the breakout is an opportunity to enter the trend. The short-term increase is significant; wait for a correction for more safety.
⚠️ Not financial advice. DYOR, control position in the early stage of the trend.
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