The $WING /USDT 15-minute chart shows a sharp upward move, currently trading at 6.025 after a significant rally that pushed the price to a 24-hour high of 6.270.
The current bullish momentum reflects strong buying interest, but the recent pullback suggests potential profit-taking. Key resistance is established at 6.270, which, if broken, could pave the way for further upside.
Support is found at 5.912, serving as a potential entry point for those anticipating a continuation of the uptrend. An optimal entry for this trade could be around 5.95, positioning for potential gains. Take-Profit targets are set at 6.20 (TP1), 6.50 (TP2), and 6.75 (TP3) to capitalize on upward movement.
For risk management, a stop-loss (SL) around 5.75 is recommended to limit exposure in case of a reversal.
