🚀$BAL Breaks Out with a 15.64% Surge — Momentum Building Strongly!
#bal has shown a solid 15.64% price jump in the last 24 hours, now trading at $1.01 with full circulation reached (max supply = circulating supply). This indicates potential for further price movement without dilution risk. The relatively modest market cap of $66.5M leaves room for upside if buying pressure continues.
🎯 Targets:
Target 1: $1.15 – short-term resistance zone
Target 2: $1.28 – key breakout level if momentum continues
Target 3: $1.45 – major resistance and potential medium-term profit zone
Risk Management:
Stop-loss: $0.92 (below recent support)
Position size: Risk only 1–2% of your total capital per trade
Strategy: Trail your stop after Target 1 to lock in profits if momentum slows
Pro Tip:
Watch trading volume closely — sustained volume above $1.5M daily signals strong accumulation. If volume dries up while price rises, expect a short-term pullback before the next leg up.
#bal #USDT #WriteToEarnUpgrade