Chibuike_Odoh

FIOBUSD { FIO PROTOCOL } - BULLISH SETUP

Long
BINANCE:FIOBUSD   None
ANALYSIS 🔎
- FIOBUSD was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.

BUY ENTRY ⬆️
- Market entry: current market price.
- Limit entry: Retest of the descending triangle's resistance.

TARGETS 🎯
- Horizontal resistance level (@0.24).
- Horizontal resistance level (@0.355).
- Horizontal resistance level (@0.5693).

SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the horizontal support level (@0.1305).
- Final invalidation: breakdown below the horizontal support level (@0.1065).

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