BENDOG LONGLooking at the daily chart, BENDOGUSDT has shown a significant deviation below the previous support level, followed by a recovery back into the range. This deviation suggests potential accumulation, which could lead to a breakout above the current consolidation zone.
Trade Plan:
- Entry: Current price level (~0.0123 USDT) or upon minor pullbacks if price holds above the deviation range low.
- Targets:
- TP1: 0.0170 USDT – potential resistance area within the previous range.
- TP2: 0.0320 USDT – aligns with the next significant resistance, offering strong upside potential.
- Stop Loss: Below the deviation low, around 0.0090 USDT, to limit downside risk.
This setup aims to capitalize on a trend reversal and breakout from accumulation.
