A Confirmed Breakout Setup is Active on the $BOB / USDT 5M chart
The momentum is strongly turning bullish, confirming that Buyers have initiated a breakout from a clear base of consolidation on the $BOB chart. The price is currently trading at 0.016208 after successfully pushing above a critical resistance level, which is now being retested as new support. This classic Breakout and Retest structure, coupled with strong indications of bullish continuation from other timeframes, points to an imminent explosive move upwards. This setup targets a continuation of the short-term uptrend towards recent highs.
Trade Setup (Long)
Entry: 0.016199 – 0.016250 (The current retest zone)
Stop-Loss: 0.016084
Target 1: 0.016400
Target 2: 0.016550
Target 3: 0.016625
