๐โ ๏ธ $VIC /USDT BULLISH REVERSAL SETUP! โ ๏ธ๐
(Volatility S&P 500 Index)
After a prolonged downtrend, $VIX is showing strong signs of a bullish breakout, with a potential spike in volatility ahead. Smart traders are watching this move closely! ๐ฅ๐
๐น Current Price: $16.40
๐น Key Support Zone: $16.00 โ $16.10 โ
๐น Immediate Resistance: $16.45
๐น Major Resistance: $16.85 โ $17.00 ๐ง
๐ข Trade Setup: LONG POSITION
๐ฅ Entry Zone: $16.35 โ $16.45
๐ฏ TP1: $16.61
๐ฏ TP2: $16.85
๐ SL: $15.97 (below structure support)
๐ Chart Highlights:
โ Falling wedge breakout spotted โฌ๏ธ
โ Reclaim of horizontal demand zone ๐ฆ
โ Bullish engulfing candle near support ๐ฏ๏ธ
โ Volume build-up suggests volatility return ๐
โ ๏ธ Risk Management Tip:
Risk only 1-2% of your capital per trade. Always use stop-loss and take-profit targets. Let risk-to-reward guide your entries! ๐น๐ง
๐จ VOLATILITY IS WAKING UP โ BE READY FOR THE SPIKE! โก๐
#HODLTradingStrategy #HODLTradingStrategy #SpotVSFuturesStrategy #OneBigBeautifulBill #w $VIC