buy

Conditional Breakout — Target 0.85 If Holds

I see a resistance breakout here; if it manages to hold, I expect a short-term move to 0.85.

This is a conditional setup — if the level fails to hold the breakout, the target is invalid. Not investment advice.

Source available for registered users Sign Up Free

Analysis

The chart shows a recent resistance breakout; sustaining that level would likely attract momentum and push price toward 0.85, but a failed retest would invalidate the outlook and raise downside risk.

Recommendation

Watch for confirmation and a successful retest of the breakout before entering; consider buying only if support holds, otherwise stay sidelined. Not investment advice.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: