🟢$BB/USDT POTENTIAL LONG TRADE SIGNAL – Initial Target $0.1430 🚀
BB/USDT is currently trading around $0.1365. The price has shown positive momentum recently. If the price breaks out above the resistance around $0.1395, a strong move towards the $0.1430 level becomes probable.
Trade Setup:
• Entry Zone: $0.1360 - $0.1370
• Initial Target (TP1): $0.1430 ✅
• Potential Further Target (TP2): $0.1500 🎯
• Stop-Loss: Below $0.1310 🛑
Important Considerations:
• Resistance Zone: The area around $0.1395 represents immediate resistance. A strong break above this level with good volume is crucial for the long signal to be more reliable.
• Bollinger Bands: The price is currently above the middle Bollinger Band, which is a bullish sign. However, watch if it approaches the upper band ($0.1374) and faces rejection.
• RSI: The RSI (14) is at 58.03, indicating increasing bullish momentum but not yet overbought. Monitor if it continues to climb to support the move.
• Volume: Increasing volume on the breakout above $0.1395 would add significant conviction to the long trade. Low volume breakouts can be less reliable.
• Market Sentiment: Be aware of the overall cryptocurrency market sentiment, as it can impact the price action of individual coins.
Disclaimer: DYOR and NFA.
Buy and trade $BB Here.
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