BROCCOLIF3B Buy/LongSetup (4H)BROCCOLIF3B after a significant correction, is approaching a liquidity pool that you have marked on the chart. It is expected to make a reversal move upwards after sweeping the pool.
We have marked two entry points on the chart. We will enter a buy position at these two points.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate the buy view on this token.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BROCCOLIF3BUSDT.P trade ideas
Broccoli-Lief3 : Veggies are good for you Broccoli-LIF3-BUSDT: Bullish Outlook with Key Levels to Watch
The chart I’ve provided is self-explanatory, showcasing a clear roadmap for potential price action. As we approach key resistance levels, there is a strong probability that Broccoli-LIF3-BUSDT will continue its upward momentum.
Technical Analysis & Prediction:
1. Trend Structure: The overall structure suggests a bullish trajectory, with higher highs and higher lows forming. Buyers are showing control, and if momentum sustains, we can expect further upside.
2. Breakout Confirmation: As we break through resistance levels, the next leg up could accelerate quickly. Watch out for volume confirmation, as increasing buy pressure will validate the breakout.
3. Support Zones: While the trend favors the upside, it’s crucial to monitor the key support zones I have drawn on the chart. If we break below these levels, it could signal a shift in momentum toward the downside.
4. Potential Targets: Each level marked on the chart represents a milestone in the price movement. If we break past resistance, the next logical target is the following level, which could act as a psychological and technical barrier before further continuation.
Final Thoughts:
The market structure suggests a bullish bias, but as always, confirmation is key. Stay vigilant and watch price reactions at the marked levels. A clean break upward could lead to a strong rally, while a failure to hold support could signal a pullback. Trade wisely!