Currency / Symbol: 💎$BTC
💼 Instant Recommendation: SPOT Trading 🏹
👈🏻 Entry Area: 0.32 – 0.35
🔹 The currency presents a strong new buying opportunity at lower levels after a correction period, as the price shows readiness to build a solid base before a potential strong upward breakout.
💸 Targets (Profit Taking) 💰
🏹 First Target: 0.40
🔹 Breaking this level confirms the beginning of the expected upward movement.
💣 Second Target: 0.45
🔹 Holding above it reinforces the positive trend and supports the continuation of buying momentum.
🪐 Third Target: 0.52
🔹 A key resistance area and may witness partial profit taking before completing the wave.
👑 Fourth Target: 0.60+
🔹 If successfully broken, it will open the doors to new highs in the medium term.
━━━ 🚨 ━━━━
🛡 Stop Loss: 0.28
🔹 Breaking this level invalidates the bullish formation and indicates the possibility of a deeper correction.
Currency Analysis 🔍
FET currency shows clear recovery signals after a strong downward wave, with a gradual return of demand from support areas. Continuing to hold above 0.32 favors the beginning of a new upward path that may extend to 0.60 and above with an improvement in overall market momentum.
💡 Capital Management Advice:
Do not exceed 10% of capital in the trade, and start securing profits from the first target gradually.
