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RIFAT S20
@RIFATS20

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Overall Chart Setup Summary: Timeframe: 15m (short-term, intraday trading) Price: $741.71 (current) 24h High/Low: $770.47 / $730.43 Trend: Recently bearish, now showing early signs of short-term reversal. Volume: Spike in buying volume in last few candles — potential bullish momentum brewing. 🔍 Technical Indicator Analysis: ✅ Moving Averages (MA): MA(7) [Yellow]: 738.52 — price now above this → short-term bullish. MA(25) [Pink]: 738.91 — price has crossed above → medium-term momentum shift. MA(99) [Purple]: 751.62 — still above current price, acts as strong resistance. 📈 Interpretation: Short-term breakout is happening. Price crossing MA(7) and MA(25) from below signals a potential bullish entry, but MA(99) is a key resistance around $751-$754 range. 📊 Volume: Noticeable volume surge at the far right, confirming buying interest and possible breakout attempt. Consistent volume rise often precedes a continuation move. 📉 Price Action: Support zone: ~$728–730 (tested and held multiple times). Resistance zone: ~$751–754 (MA99 and price rejection zone). Forming higher lows and a breakout above consolidation zone. 📌 Suggested Trade Plan: 🟩 Entry Point (Buy): Ideal Entry: ~$741–743 (current region) — post-breakout confirmation from sideways. Aggressive Entry: Already in, riding momentum. 🔑 Ensure volume stays elevated and next candle closes bullish to confirm breakout strength. 🟥 Stop Loss: Tight SL: Below $734 (recent minor low) Safer SL: Below $730 (strong support zone tested multiple times) 🟦 Take Profit (Exit Points): TP1: ~$751 (MA99 — strong resistance) TP2: ~$755–758 (previous local swing level) TP3 (stretch): ~$770 (24h high, major resistance) ⚠️ Risk Factors: If price gets rejected at $746–751 zone with a high-volume red candle, consider early exit or short. This is a 15-minute chart, so moves can be short-lived; keep position size tight. $BNB Quick trade 🤑🤑
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