Let's check BATUSDT on 1W time frame. It's been in a range for a long time. The price is still pretty close to the bottom of the range which is a low-risk area so entering long is justified. Target for long is at the top of the range.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.