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๐ TCOM Breaks Out Strongly After Prolonged Accumulation Phase โ Buyers Officially Return to the Stage
TCOM has just experienced a powerful breakout with a decisive green candle, breaking out of its prolonged accumulation base over multiple sessions. This is a signal that new capital is flowing in, and the uptrend has clearly regained its advantage.
Thereโs no doubt anymore: the bulls are back in control.
๐ฏ Attractive Buy Zone
โข Entry Zone: 0.0700 โ 0.0740
โข Maintain uptrend if price stays above: 0.0750
When the price holds firmly above this level, the potential for trend expansion is even stronger.
๐ Short-Term Targets
โข TP1: 0.0785
โข TP2: 0.0820
โข TP3: 0.0870
These are potential resistance areas where partial profit-taking can help reduce risk.
๐ Important Stop-Loss
SL: 0.0670
This is the defense zone โ a break below will invalidate the current bullish structure.
โ Summary
TCOMโs price structure is transitioning from accumulation to a strong uptrend with solid momentum, along with clear support and resistance zones. If you stay disciplined with the Entry โ TP โ SL, this is a pretty attractive setup for traders who favor breakout moves.