PIUSDT – Potential Long Setup from Ascending Channel Support (4H

I’m watching PIUSDT closely as it approaches a significant confluence of technical levels on the 4-hour chart:
🔹 Key Highlights:
Ascending Channel Support: Price is testing the lower boundary of the channel (orange trendline).
Descending Trendline Resistance: Creating a wedge structure—breakout potential if momentum builds.
Bullish Structure: Clear rejection wicks and consolidation near support suggest accumulation.
✅ Trade Plan:
Entry Trigger: Confirmed breakout and close above the descending trendline.
Targets:
🥇 1st Target: 0.5650 (local resistance)
🥈 2nd Target: 0.6550 (major horizontal resistance)
Stop Loss: Below 0.4392 (breakdown invalidates the setup)
⚠️ Risk Management:
Always use proper position sizing and a disciplined stop loss. This setup is shared for educational purposes—do your own research before entering any trades.
🔹 Key Highlights:
Ascending Channel Support: Price is testing the lower boundary of the channel (orange trendline).
Descending Trendline Resistance: Creating a wedge structure—breakout potential if momentum builds.
Bullish Structure: Clear rejection wicks and consolidation near support suggest accumulation.
✅ Trade Plan:
Entry Trigger: Confirmed breakout and close above the descending trendline.
Targets:
🥇 1st Target: 0.5650 (local resistance)
🥈 2nd Target: 0.6550 (major horizontal resistance)
Stop Loss: Below 0.4392 (breakdown invalidates the setup)
⚠️ Risk Management:
Always use proper position sizing and a disciplined stop loss. This setup is shared for educational purposes—do your own research before entering any trades.
トレード稼働中
Running in Profit手動でトレードを終了しました
Trade went sideways more than 3-4 days, So I'm planning to close this trade at cost to cost免責事項
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。