KAREX - Bullish sentimentThe price is trading above the Kumo, indicating a bullish sentiment.
The Tenkan-sen and Kijun-sen have a bullish crossover, supporting upward momentum.
The Chikou Span is above the price, reinforcing bullish confirmation.
NT (0.900): This level is immediate support and has been tested as a pullback area. The price has bounced above it, validating its strength.
Increasing volume near the breakout suggests strong buyer interest.
Consider entering near the current price (0.930) if bullish momentum sustains.
Place a stop-loss below the NT level at 0.890 to minimize risk.
If the price closes below NT (0.900) with high volume, the bullish scenario could be invalidated.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.