Trade Setup & Plan:**
*1️⃣ Bullish Scenario (Buy Trade) 🟢**
– **Entry:** Above the short-term resistance (~$3,040) after a confirmed breakout.
– **Target:** $3,100 – $3,120 (next potential resistance level).
– **Stop Loss:** Below $3,000 to manage risk.
– **Confirmation:** A strong bullish candle breaking above resistance with volume.
**2️⃣ Bearish Scenario (Sell Trade) **
– **Entry:** Below short-term support (~$3,000) after a confirmed breakdown.
– **Target:** $2,940 – $2,950 (major support zone).
– **Stop Loss:** Above $3,020 to minimize loss if price reverses.
– **Confirmation:** A strong bearish candle closing below support with momentum.
**Trade Status:**
**Trade is Active** – Current price (~$3,022) is near short-term support. Watch for price action confirmation before entering long or short trades.