Trade setup: Price is in an Uptrend. It broke back above $10 resistance, which signals resumption of uptrend, with +20% upside potential to $12 near-term. Stop Loss level at $8.90.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $12.00.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $12.00.