LOOM/USDT Technical Analysis – Potential 130% UpsideLOOM/USDT Technical Analysis – Potential 130% Upside
Current Setup:
LOOM/USDT is displaying a bullish accumulation pattern within the $0.068–$0.065 range, forming a strong base for potential upside movement.
Key Levels:
Entry Zone: $0.068–$0.065 (Accumulation area)
Targets:
Target 1: $0.092 (Initial resistance breakout target)
Target 2: $0.115 (Intermediate resistance)
Target 3: $0.150 (Extended target based on historical price action)
Stop Loss: $0.054 (Below key support for risk management)
Resistance Levels:
A critical resistance zone lies at $0.069–$0.072. A confirmed breakout above this level could initiate a strong upward momentum, leading to significant price appreciation.
Loom
Long Position on LOOMUSDT - Aiming for Three TargetsI've entered a long position on LOOMUSDT after noticing a potential reversal pattern.
My entry is at 0.09243, with the first target (TP1) set at 0.11057, the second target (TP2) at 0.12990, and the third target (TP3) at 0.15352.
Monitoring closely for any shift in momentum that may affect my position.
Don't miss the great buy opportunity in LOOMUSD @ Loom NetworkTrading suggestion:
. There is a possibility of temporary retracement to 0.098/0.099$ or support trendline.
. traders can set orders based on Price Action and expect to reach short & long term targets.
Technical analysis:
. The price is above 0.098/0.12$ zone leads more upside.
Take Profits:
TP1= 0.15$
TP2= 0.19$
TP3= 0.26$
TP4= 0.38/0.56/0.74$
SL = 0.08$
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