Posteo
Hxlaw
Hxlaw
$LAB 1. Overview trend The price is in a strong uptrend on the 1H frame, located completely on the MA lines (MA5, MA10, MA20). The candle structure shows that active buying force pushes the price from the $4,800 area to the nearest peak at $5,4156. 2. Buy Point (Buy) • Near support area: About $5.21 (around MA5) if the price adjusts slightly. • Strong support area: Area of $5.03 - $5.05 (MA10 and the old peak have just broken). This is a safer order entry point to optimize the R/R ratio. 3. Point of Sale (Sell) • Take Profit (Take Profit): Around the old peak of $5.41. If this area is broken, the next target may be towards higher psychological milestones. • Stop Loss (Stop Loss): Close the candle below the $4.84 area (MA30/MA60) because this is a sign that the short-term uptrend is broken. Note: The nearest red candle shows that profit-taking pressure begins to appear after a series of hot bulls. Should observe the price reaction at MA5 before deciding to enter the order.

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