BOB bullish setup
There is an imbalance zone for this coin near 0.011100, while the current market price is around 0.012200.
According to my analysis, the price may first push up to 0.012588, then pull back toward 0.011080. From that level, there is a possibility for a bullish move toward 0.015.
However, if the price breaks below 0.010300, it could potentially drop further toward 0.0050.
Based on this scenario, I am setting up my long trade with entries around 0.011110 and a final take profit at 0.01500. My stop loss is placed at 0.010300.
Since this stop loss represents approximately -56%, I am using 8x leverage for this trade.
This is only my personal analysis. Always make trading decisions based on your own analysis and trade responsibly.
Have a great day and happy trading! 🚀📈