Based on the 1H chart, $B shows a strong bullish breakout from the 0.18 consolidation zone with a large impulsive candle and rising super trend support.
After the pump price is forming a small consolidation between 0.225 and 0.235 which usually indicates continuation if buyers defend the breakout area.
Volume expansion and higher lows suggest that momentum is still controlled by bulls, but chasing the top is risky.
The safer approach is entering near support or on a confirmed breakout above resistance.
Trade Setup for $B
Entry zone 0.226 to 0.230
Stop loss 0.214
Take profit 1 0.240
Take profit 2 0.252
Take profit 3 0.268
If price pulls back toward 0.225 and holds support it can create another leg up toward the 0.24 to 0.26 region.
A strong breakout above 0.235 can also trigger continuation momentum.
However if price loses 0.214 support the bullish structure may weaken and a deeper retracement toward 0.20 could happen.
Manage risk carefully and avoid over leveraging. 📈
click here 👇$B
