Market Update: 🌟 After the non-farm data release, the market showed a double pin bar pattern and rebounded from support around 4250.
Technical Analysis: 📈
- Key support level: 4250-4280
- Bollinger Bands narrowing
- Short-term moving averages converging
Trading Suggestions: 💡
- Focus on entering positions in the 4300-4320 range
- Stop-loss below 4250
- Target: 4400-4450 range, with potential breakout to 4490-4500
Market Sentiment: 🔥 Downward momentum has weakened, and a rebound is possible. Stay tuned! #MarkeAnalysis #Binancesafe #CryptoTrading. #writetoearn