FLUID#BNBBreaksATH
/ETH ANALYSIS - BULLISH OUTLOOK! 🚀
Based on the 15-minute chart, FLUID is showing strong bullish momentum after a significant breakout. The price has established a new short-term high, indicating that buyers are in control.
📊 Key Levels:
* Current Price: 💲6.20961
* Support: The key support level is around 💲5.92, where the price found a strong base before the recent surge. This level is crucial for maintaining the upward trend.
* Resistance: The immediate resistance is at the recent high of 💲6.25711. A successful break above this level would signal a continuation of the rally towards higher targets.
📈 Trade Setup (Long):
* Entry: A long entry is recommended on a confirmed retest of the support level around 💲6.00 or on a clear breakout and close above the resistance at 💲6.26.
* Target 1 (TP1): 💲6.35
* Target 2 (TP2): 💲6.45
* Stop Loss (SL): 💲5.85. Place your stop loss below the main support level to protect against a trend reversal.
⚠️ Risk Management:
Always use proper risk management. It is recommended to risk no more than 1-2% of your total trading capital per trade. Use a stop-loss and do not over-leverage. This analysis is for informational purposes only and is not financial advice. Do your own research before trading.
