BILL exploding on volume-confirmed breakout
🟢 $BILL - LONG
Trade Plan:
Current Price: $0.0817
Entry Zone: 0.0808 - 0.0826
SL: 0.0775
TP1: 0.0855
TP2: 0.0895
TP3: 0.0945
BILL has just closed above the multi-week descending resistance on the 4H with futures volume spiking over 70% above the 20-period average and aggressive positive delta absorption at the breakout level. This move cleared a major high-volume node while the retest of broken resistance has already flipped to dynamic support, stacking perfectly with the 0.618 Fibonacci extension. Order flow shows institutional buyers dominating the wick with minimal immediate overhead supply.
Will BILL sustain this volume breakout into next resistance?
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$BILL
{future}(BILLUSDT)