$BIRB LONG SETUP ... Buyers Trying to Push for Another Move Up
Entry: 0.16000–0.16600 TP1: 0.17500 TP2: 0.18500 Final Target: 0.20000 SL: 0.15100
BIRB made a strong move up from the 0.070 area and pushed as high as 0.20325. After that sharp rally, the price pulled back and is now trying to stabilize around 0.16600. Buyers are showing some interest, but the market still needs stronger momentum to continue higher.
As long as 0.15100 holds, a recovery towards 0.17500–0.18500 is possible.
There is still selling pressure after the recent pump. A clean breakout above 0.18000 could give buyers more confidence and open the way for another move towards 0.20000.
Use stop loss. Don't chase the bounce.
Trade on $BIRB
Entry: 0.16000–0.16600 TP1: 0.17500 TP2: 0.18500 Final Target: 0.20000 SL: 0.15100
BIRB made a strong move up from the 0.070 area and pushed as high as 0.20325. After that sharp rally, the price pulled back and is now trying to stabilize around 0.16600. Buyers are showing some interest, but the market still needs stronger momentum to continue higher.
As long as 0.15100 holds, a recovery towards 0.17500–0.18500 is possible.
There is still selling pressure after the recent pump. A clean breakout above 0.18000 could give buyers more confidence and open the way for another move towards 0.20000.
Use stop loss. Don't chase the bounce.
Trade on $BIRB