🚀 BOB Long Setup in Focus 📈
Trading Plan:
Bias: Long
Entry: 0.01800 - 0.01750
SL: 0.01550
TP1–TP3: 0.02100 / 0.02400 / 0.02850
Technical Analysis:
On the 4-hour timeframe, BOB exhibits a strong bullish momentum shift after breaking out from a consolidation range. The price has decisively reclaimed the EMA(7) and EMA(25) on a significant volume spike, suggesting strong buying interest. Confirmation signals include a bullish MACD crossover and an RSI reading moving firmly into bullish territory above 50. The strategy anticipates a potential retest of the former resistance (now support) for an optimal entry.
Invalidation:
This bullish setup would be invalidated by a decisive break below 0.01550, which would signal a failed breakout.
CARVUSDT
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