BAKE / TetherUSLong
BASE/USDT - BULLISH SETUP
ANALYSIS
- BASE/USDT hit a swing high and retraced.
- Price is testing a confluence of horizontal support and key fibinacci retracement zone (0.618 - 0.702 - 0786).
- The market could bounce from this support zone if we have a relatively large buyers concentration.
BUY ENTRY
- Current market price
TARGETS
- 0.9062
- 1.0974
- 1.6750
STOP LOSS
- 0.2585
- BASE/USDT hit a swing high and retraced.
- Price is testing a confluence of horizontal support and key fibinacci retracement zone (0.618 - 0.702 - 0786).
- The market could bounce from this support zone if we have a relatively large buyers concentration.
BUY ENTRY
- Current market price
TARGETS
- 0.9062
- 1.0974
- 1.6750
STOP LOSS
- 0.2585
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