$BROCCOLI714 is currently in a healthy pullback phase after a strong impulsive rally. Price is now reacting around an important demand area between 0.029–0.030, where downside momentum has started to slow. This retracement appears corrective rather than a complete trend shift, as buyers are attempting to defend this zone on lower timeframes.
As long as price remains above the 0.0290–0.0300 support region, this area can provide potential long scalp opportunities. Previously, this zone served as a solid base before the last bullish expansion.
On the upside, the 0.0335–0.0350 range stands out as a major resistance, where selling pressure could reappear. A decisive breakout above this resistance would likely open the door for renewed bullish momentum. However, a sustained drop below 0.0278 would invalidate the bullish scalp setup.
$BROCCOLI714 Scalp Trade
Long Scalp
Entry Zone: 0.0292 – 0.0302
Target 1: 0.0335
Target 2: 0.0360
Stop Loss: 0.0278
Leverage: 20x – 50x
Margin Allocation: 2% – 5%
Risk Strategy: Secure partial profits at TP1 and shift stop loss to breakeven
Bias: Bullish while holding above key support.
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