INMB (NASDAQ) - 30-Min Chart Trade Setup Breakdown!

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🔍 Stock: INMB (NASDAQ)
⏳ Timeframe: 30-Min Chart
📉 Setup Type: Bullish Reversal Attempt
📍 Trade Plan:
✅ Entry Zone: Above $9.30 - $9.35 (Breakout Confirmation)
🚀 Take Profit 1 (TP1): $10.22 (First Resistance)
🚀 Take Profit 2 (TP2): $11.22 (Extended Bullish Target)
🔻 Stop-Loss (SL): Below $8.50 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 📈

🔹 Technical Analysis & Setup:

✅ Pattern: Falling Wedge Breakout Attempt 📉 → 📈
✅ Breakout Confirmation Needed: Price holding above $9.30 with volume support
✅ Resistance Zones:
$10.22: First Major Resistance
$11.22: Extended Target for strong momentum
✅ Momentum Shift Expected: A breakout could trigger a strong uptrend 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $9.30 📉
📉 Trailing Stop Strategy: Once price reaches TP1 ($10.22), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $10.22 and let the rest ride toward $11.22+ 💵
⚠️ Fake Breakout Risk: If price drops back below $9.30, reconsider entry ❌
🚀 Final Thoughts:

✅ Bullish Reversal Attempt – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $10.22 could accelerate the upside 🚀
✅ Strong Risk-Reward Setup – SL at $8.50, TP at $10.22 - $11.22 for optimal gains

📊 Trade Smart & Stick to the Plan! 🏆🔥
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