⚠️ $BIRB /USDT – / High-Risk LONG Setup 🌟
🟢 Entry: 0.0855 – 0.0875 (only after a bullish reversal candle)
🎯 Target 1: 0.0905
🎯 Target 2: 0.0950
🎯 Target 3: 0.1000
🛑 Stop Loss: 0.0825
Explanation:
⚠️ Unlike many of the previous charts, BIRB is weaker. Price is trading below the MA(25) and MA(99) after rejecting from 0.1092, indicating short-term bearish pressure.
📊 RSI(6) is around 28, which suggests the coin is oversold and may see a technical bounce. However, this is not a confirmed bullish trend yet. Wait for a strong bullish candle with increasing volume before entering. If 0.0900 is reclaimed, the probability of reaching the targets improves significantly.
Binance1B$inStocks#BitcoinWorstFirstHalfSince2022 #BlackRockIBITHoldingsFallNearly100000BTC
🟢 Entry: 0.0855 – 0.0875 (only after a bullish reversal candle)
🎯 Target 1: 0.0905
🎯 Target 2: 0.0950
🎯 Target 3: 0.1000
🛑 Stop Loss: 0.0825
Explanation:
⚠️ Unlike many of the previous charts, BIRB is weaker. Price is trading below the MA(25) and MA(99) after rejecting from 0.1092, indicating short-term bearish pressure.
📊 RSI(6) is around 28, which suggests the coin is oversold and may see a technical bounce. However, this is not a confirmed bullish trend yet. Wait for a strong bullish candle with increasing volume before entering. If 0.0900 is reclaimed, the probability of reaching the targets improves significantly.
Binance1B$inStocks#BitcoinWorstFirstHalfSince2022 #BlackRockIBITHoldingsFallNearly100000BTC
