$BILL Buyers are back, but can this recovery turn into a real trend reversal? 👀
Direction: LONG 🟢
📍 Entry: $0.00635–$0.00650
🛑 SL: $0.00605
🎯 TP1: $0.00700
🎯 TP2: $0.00755
🎯 TP3: $0.00820
Timeframe: 4H
BILL is trading around $0.006642, up 18.01% in 24 hours according to the chart. After falling toward the $0.005370 low, price bounced sharply with a noticeable increase in trading volume. Bulls have reclaimed the 7-period moving average at $0.006479 and are holding above the 25-period average near $0.005949.
My focus is on whether buyers can defend the $0.00635–$0.00650 zone on a pullback. The first major test is $0.00700, followed by the recent spike area near $0.00756. A strong 4H close above that high could open the door toward $0.00820, but resistance remains overhead.
⚠️ If price loses $0.00605, the setup is invalidated. After such a fast rally, I would avoid chasing an extended candle and wait for confirmation.
Would you buy the pullback or wait for a breakout above $0.00756?
$MAGMA
$AGT
Direction: LONG 🟢
📍 Entry: $0.00635–$0.00650
🛑 SL: $0.00605
🎯 TP1: $0.00700
🎯 TP2: $0.00755
🎯 TP3: $0.00820
Timeframe: 4H
BILL is trading around $0.006642, up 18.01% in 24 hours according to the chart. After falling toward the $0.005370 low, price bounced sharply with a noticeable increase in trading volume. Bulls have reclaimed the 7-period moving average at $0.006479 and are holding above the 25-period average near $0.005949.
My focus is on whether buyers can defend the $0.00635–$0.00650 zone on a pullback. The first major test is $0.00700, followed by the recent spike area near $0.00756. A strong 4H close above that high could open the door toward $0.00820, but resistance remains overhead.
⚠️ If price loses $0.00605, the setup is invalidated. After such a fast rally, I would avoid chasing an extended candle and wait for confirmation.
Would you buy the pullback or wait for a breakout above $0.00756?
$MAGMA
$AGT
