$BUSD /USDT LONG TRADE SETUP
$BUSD is trading at 0.2113, showing a massive volatility surge with a +58.87% gain today. After hitting a 24h high of 0.2350, the price is currently consolidating above the 0.1966 level, which served as a mid-range pivot during the vertical ascent. On the 15m timeframe, the asset is attempting to form a base after the initial parabolic move, suggesting a potential continuation if it holds the mark price level.
Target Points
TP1: 0.2280 (Local resistance before the peak)
TP2: 0.2350 (Retest of the 24h high)
TP3: 0.2500 (Psychological breakout target)
Stop Loss
Set stop loss below 0.1740 to limit downside risk in case of a breakdown below the primary support level.
Buy and Trade here on $BUSD