$BETA
BINANCE:BETA/USDT - 1W TIMEFRAME๐ฏ
TRADE SETUP:
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โฆ CURRENT PRICE: $0.04446 (-2.92%)
โฆ TARGET: $0.19071 (+575.85%)
โฆ STOP LOSS: -10% (Marked in red)
โฆ RISK:REWARD: 57:1
โฆ VOLUME: 11.82M
TECHNICAL ANALYSIS:
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1. PATTERN STRUCTURE:
โข Trading within descending channel
โข Double trend line resistance (black & blue)
โข Clear support zone at channel bottom
โข Potential reversal zone approaching
2. MARKET CONTEXT:
โข Price near historical support
โข Volume stabilizing at lows
โข Channel compression point ahead
โข Strong overhead resistance levels
3. PROJECTED MOVEMENT (White Line):
โข Initial consolidation period
โข Break above both trend lines
โข Accelerated move to target zone
โข Multiple retests expected
STRATEGY EXECUTION:
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ENTRY PLAN:
โข Base entry near current levels
โข Add on trend line breaks
โข Final position on volume confirmation
RISK MANAGEMENT:
โข Clear -10% stop loss defined
โข Cut losses if channel support breaks
โข Scale out at resistance levels
IMPORTANT DATES:
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โข Pattern completion: Early 2025
โข Target timeframe: Late 2025 - Early 2026
โข Critical support test: Q1 2025
RISK DISCLOSURE:
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Trading involves substantial risk. This analysis is for educational purposes only. Always conduct your own research and use proper risk management.
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