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⚙️ Market Snapshot:
Current Price: $108,270
24h Range: $105,318 – $108,422
Recent Swing High: $111,980
Middle Bollinger Band (MB): $106,633
Upper Band (UP): $111,369
Lower Band (DN): $101,898
Recent Bounce Zone: ~$105,600 (middle band support)
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🟩 Bullish Setup (Long Position)
✅ Entry Zone:
Entry Price Range: $107,000–$108,300
Price has just broken above MB and is testing resistance — this is a potential breakout setup.
🛡️ Stop Loss:
Stop Loss: $104,900
Below recent support and lower side of consolidation.
🎯 Take Profit Levels:
1. TP1: $111,300 — Upper Bollinger Band.
2. TP2: $113,000 — Above recent swing high; a potential breakout continuation.
3. TP3 (Trail): $116,000–$118,000 — If breakout strength continues with volume.
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🟥 Bearish Contingency (Short Setup)
Only if price shows rejection below $111k again
✅ Entry Zone:
Entry Price: $111,000–$111,500 (resistance retest with bearish candle)
🛡️ Stop Loss:
Stop Loss: $113,000 (in case of breakout)
🎯 Take Profit:
1. TP1: $107,000 — Middle Bollinger Band support
2. TP2: $105,000
3. TP3: $102,000 — Lower Bollinger Band
🔍 Additional Notes:
Volume has picked up — a bullish sign, but not yet explosive.
A daily candle close above $111,000 with strong volume would confirm strength.
Avoid chasing; instead, observe pullbacks to the 20-MA (MB) for re-entry.
>//Created using ChatGPT//
