Outlines a bullish setup with detailed risk-reward levels. Here's the analysis: 1. Key Levels: Support Zone: A strong support area is marked around 20,727, where the price previously rebounded.
Target Levels: First Take Profit (TP1): 21,889.69. Final Target: 22,101.32. 2. Entry Point: 3.The proposed BUY ORDER is placed near 21,171.57, anticipating the price to rise after consolidating near support. 3. Stop-Loss (SL): The SL Level is positioned below the support at 20,727, ensuring a controlled risk for the trade. 4. Indicators: The SuperTrend indicator suggests a potential shift to bullish momentum, with price likely to climb towards resistance levels.
5. Trade Plan: Our focuses on buying from the support zone and targeting key resistance levels.
Clear upward projection is with arrows, showing the expected price trajectory.
leverages a strong support level and favorable risk-reward dynamics for a long position in the Nasdaq 100.
Guy Here is My Analysis About BTC/USD Must Support And Don't Forgot Share Your Thoughts And Like button