$OP USDT Long (trendline and support retest)
Price is ~0.12378 on the 15m chart, pulling back from the HH at ~0.1290 toward the rising trendline (~0.1230-0.1235) and the 0.12237 support zone (0.1200-0.1224).
Entry: 0.1228-0.1238 on a bounce off the trendline and 0.12237 (bullish 15m candle), or a safer entry on a 15m close above 0.1260
Stop loss: 0.1195 (below the support box and the trendline)
TP1: 0.1260
TP2: 0.1290 (HH)
TP3: 0.1320 (only if 0.1290 breaks with volume)
Notes:
Structure is bullish: HL, then higher lows along the trendline and a fresh HH. The HH came with a volume spike, which supports the move. The current pullback is sharp. Wait for the trendline to hold with a bullish candle instead of catching a falling knife. Skip the trade if a 15m candle closes below 0.1200; that breaks the support box and the trendline. The 15m timeframe is noisy. Risk 1% or less and keep leverage low (3-5x).
Not financial advice.
@Binance Square Official #BitcoinReboundsTo$83K #EthereumLiquidationsHit$356M #BitcoinETFsSee$244MNetOutflows #Binance #ChartSniper
Price is ~0.12378 on the 15m chart, pulling back from the HH at ~0.1290 toward the rising trendline (~0.1230-0.1235) and the 0.12237 support zone (0.1200-0.1224).
Entry: 0.1228-0.1238 on a bounce off the trendline and 0.12237 (bullish 15m candle), or a safer entry on a 15m close above 0.1260
Stop loss: 0.1195 (below the support box and the trendline)
TP1: 0.1260
TP2: 0.1290 (HH)
TP3: 0.1320 (only if 0.1290 breaks with volume)
Notes:
Structure is bullish: HL, then higher lows along the trendline and a fresh HH. The HH came with a volume spike, which supports the move. The current pullback is sharp. Wait for the trendline to hold with a bullish candle instead of catching a falling knife. Skip the trade if a 15m candle closes below 0.1200; that breaks the support box and the trendline. The 15m timeframe is noisy. Risk 1% or less and keep leverage low (3-5x).
Not financial advice.
@Binance Square Official #BitcoinReboundsTo$83K #EthereumLiquidationsHit$356M #BitcoinETFsSee$244MNetOutflows #Binance #ChartSniper