BB/USDT – Bullish Setup with Wedge Breakout Potential | 1H Chart

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BBUSDT is currently presenting a strong bullish technical structure backed by multiple confirmations:

🔹 A double bottom has formed, signaling potential trend reversal.
🔹 Bullish divergence on the RSI strengthens the bullish outlook, showing hidden buying pressure.
🔹 Price action is compressing within a symmetrical wedge, and no bearish reversal patterns are currently observed.

A breakout above the wedge resistance trendline could lead to further upside continuation.

📌 Entry: $0.18554 (upon confirmed breakout)
🛡️ Stop Loss: $0.16322 (below structure support)
🎯 Target: $0.21591 (+15.13%) — You may also set your take-profit levels based on your own risk-reward ratio and trading style.

As long as the structure holds and no bearish confirmation appears, the setup remains valid. Always manage risk accordingly.

Penafian

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