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📊Technical Analysis & Intraday Trading Plan for $HIGH /USDT🚀 *Based on 1-Day Chart (Binance) - Key Levels & Price Action* Intraday Trading Signal
📌Entry Point(s) 🎯Long Entry 1 : Buy on breakout above 1.046 (confirms bullish continuation). Long Entry 2 : Buy on pullback to 0.998 (retest of support with bullish reversal confirmation).
📌Stop-Loss Placement - For Breakout Entry (1.046) Place SL at 1.020 (below breakout level to avoid false signals). -For Pullback Entry (0.998) : Place SL at 0.960 (allows for minor volatility below support).
📌Take-Profit Targets 🎯TP1 1.200 (first resistance, +20% from entry). 🎯TP2 1.600 (next major resistance, +60% from entry). Partial Profit Booking : Close 50% of position at TP1, trail SL for remaining.
📌4. Notes -Confirmation : Wait for bullish candlestick closure above 1.046 or rejection at 0.998. Caution Monitor for rejection at 1.046 (potential bearish reversal).