$BABY
👶🚀 Potential bullish breakout: $BABY/USDT
🔍 Trading plan (Aggressive or conservative entry)
🟢 Aggressive entry: around $0.10132$ (higher risk, RSI in overbought territory)
🟢 Conservative entry: $0.10000 - $0.10080$ (on pullback)
🔴 Stop loss: $0.09750$
🎯 Target 1: $0.10482$
📈 Target 2: $0.10700 - $0.10900$
🏆 Target 3: $0.11100 - $0.11300$
⚖️ Risk-to-reward ratio (Conservative entry to Target 1): ~1.44 - good.
📊 Updated technical analysis
👀 Bullish momentum, price above short-term moving averages, above 99 EMA. RSI in overbought territory.
🧱 Key resistance: $0.10482$, $0.10700 - $0.10900$, $0.11100 - $0.11300$
🛡️ Key support: $0.10000 - $0.10080$ (7 and 25 EMAs, 99 EMA nearby), $0.09750$
📈 Good volume in the bullish move.
⚠️ RSI in overbought territory - potential for a pullback.
⚙️ Updated trade management
Tighter stop loss for aggressive entry.
Wait for the pullback for conservative entry.
Move stop loss to entry at Target 1.
Consider taking partial profits due to RSI in overbought territory.
💭 Final thoughts
$BABY$ shows potential bullish movement after consolidation. Conservative entry on pullback may be safer, but watch RSI in overbought territory. Monitor closely and manage risks. Let's see its growth! 👶🚀