Everyone's glued to the BTC rally but $BP is coiling a 15m squeeze that the crowd missed.
Trade Plan:
$BP - LONG
Entry: 0.718 – 0.735
SL: 0.665
TP1: 0.78
TP2: 0.845
TP3: 0.91
Why this setup?
- 4H RSI just popped out of oversold at 32, hinting upward bias.
- ATR (1D) at 0.045 shows enough volatility to sustain a clean run.
- Volume spiked 3.4x 7‑day avg, acting as a magnet for fresh buying.
- Price broke the $0.058 resistance zone on the 15m, confirming a bullish engulfing pattern.
Debate: Are you stacking on the $0.718‑0.735 zone or waiting for a pull‑back to retest the $0.665 support?
$BP
Trade Plan:
$BP - LONG
Entry: 0.718 – 0.735
SL: 0.665
TP1: 0.78
TP2: 0.845
TP3: 0.91
Why this setup?
- 4H RSI just popped out of oversold at 32, hinting upward bias.
- ATR (1D) at 0.045 shows enough volatility to sustain a clean run.
- Volume spiked 3.4x 7‑day avg, acting as a magnet for fresh buying.
- Price broke the $0.058 resistance zone on the 15m, confirming a bullish engulfing pattern.
Debate: Are you stacking on the $0.718‑0.735 zone or waiting for a pull‑back to retest the $0.665 support?
$BP
