๐ $BASED /USDT Bullish Setup: Ascending Triangle Breakout!
Technical Analysis:
$BASED has successfully formed and broken out of a classic Ascending Triangle pattern on the 15-minute timeframe. The price managed to flip the horizontal resistance into support, signaling a strong continuation of the current uptrend. With bullish momentum building, we are looking at a clear path toward the upper targets.
๐ Long Trade Details:
Entry Zone: CMP (Entry on breakout/retest)
Stop Loss (SL): $0.1120 (Below the ascending support line)
Leverage: 3x - 5x (Manage your risk effectively)
๐ฏ Take Profit (TP) Targets:
TP1: $0.1197
TP2: $0.1234
๐ก Strategy Tip: This pattern is a high-probability trend continuation signal. Once the price hits TP1, move your Stop Loss to Break-even to secure a risk-free trade while aiming for the final target at TP2.
Is BASED ady to fly higher or will it retest the zone? Share your thoughts below! ๐
TRADE $BASED HERE๐
Technical Analysis:
$BASED has successfully formed and broken out of a classic Ascending Triangle pattern on the 15-minute timeframe. The price managed to flip the horizontal resistance into support, signaling a strong continuation of the current uptrend. With bullish momentum building, we are looking at a clear path toward the upper targets.
๐ Long Trade Details:
Entry Zone: CMP (Entry on breakout/retest)
Stop Loss (SL): $0.1120 (Below the ascending support line)
Leverage: 3x - 5x (Manage your risk effectively)
๐ฏ Take Profit (TP) Targets:
TP1: $0.1197
TP2: $0.1234
๐ก Strategy Tip: This pattern is a high-probability trend continuation signal. Once the price hits TP1, move your Stop Loss to Break-even to secure a risk-free trade while aiming for the final target at TP2.
Is BASED ady to fly higher or will it retest the zone? Share your thoughts below! ๐
TRADE $BASED HERE๐