BZ is looking juicy for a long setup, just broke out of a key area. Market structure is shifting in our favor, worth a closer look.
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🟢 BZ LONG 📈
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📍 Entry Range: $74.9250 – $75.0750
🛑 Stop Loss: $72.7500 (-3.0%)
🎯 TP1: $76.1250 (+1.5%)
🏆 TP2: $78.7500 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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We've got a few signals firing off here, CHoCH just triggered on the break of market structure, and there's a nice FVG sitting right below our entry, plus an OB that's been holding as support - the POI confluence is looking really strong. The overlap of OB and FVG is what's really catching my eye, it's a solid spot for a bounce. Overall, the structure is looking pretty bullish.
With a 3.0% SL, this stop loss feels about right, not too tight, not too wide, and I'd say it's a good fit for 2-3x leverage.
Might look to take some profit off the table at TP1, don't want to get too greedy if we do get a strong push upwards.
Not financial advice — always manage your own risk 🙏
#BZUSDT $BZ #SMC #Write2Earn #Binance
━━━━━━━━━━━━━━━━━━━━━
🟢 BZ LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $74.9250 – $75.0750
🛑 Stop Loss: $72.7500 (-3.0%)
🎯 TP1: $76.1250 (+1.5%)
🏆 TP2: $78.7500 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
━━━━━━━━━━━━━━━━━━━━━
We've got a few signals firing off here, CHoCH just triggered on the break of market structure, and there's a nice FVG sitting right below our entry, plus an OB that's been holding as support - the POI confluence is looking really strong. The overlap of OB and FVG is what's really catching my eye, it's a solid spot for a bounce. Overall, the structure is looking pretty bullish.
With a 3.0% SL, this stop loss feels about right, not too tight, not too wide, and I'd say it's a good fit for 2-3x leverage.
Might look to take some profit off the table at TP1, don't want to get too greedy if we do get a strong push upwards.
Not financial advice — always manage your own risk 🙏
#BZUSDT $BZ #SMC #Write2Earn #Binance