$BROCCOLI714 /USDT BULLISH BREAKOUT SETUP ON 4H CHART
After a period of consolidation, $BROCCOLI714 /USDT has shown a strong bullish impulse, breaking above previous resistance levels and forming a higher high near 0.04492. The 4H chart reveals a clean breakout from a descending wedge pattern, supported by rising volume and momentum indicators turning positive. The recent surge aligns with a +15.60% move, confirming bullish sentiment and potential continuation.
The price action has respected the 14.41% and 29.85% Fibonacci zones, now targeting the 44.74% and 59.90% extensions. Volume spikes and bullish candlestick formations suggest institutional interest and accumulation. Traders should watch for a retest of the breakout zone before continuation.
LONG ENTRY ZONE: 0.03650–0.03750
TARGET 1 (TP1): 0.04280
TARGET 2 (TP2): 0.04690
TARGET 3 (TP3): 0.05150
STOP LOSS (SL): 0.03390
Risk management: Use 2–3% of capital per trade. Adjust position size based on SL distance. Avoid overleveraging and monitor volume confirmation before entry.
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