📈 Market Structure: Bullish reversal → pullback continuation setup

VIRTUALUSDT shows a strong recovery from the downtrend channel with a breakout and retest of key Fibonacci and resistance-turned-support levels, suggesting potential upside continuation.
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🔑 Key Technical Zone
🟢 RBS Zone + Fibonacci Golden Zone: $0.6162 – $0.6002
Resistance turned support (RBS)
0.5 – 0.618 Fibonacci retracement confluence
High-probability buying area
Holding above this zone confirms bullish continuation
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🎯 Trade Levels (Based on Chart)
🎯 Entry Area: $0.6164 (pullback entry near golden zone)
🛑 Stop Loss: $0.5564 (below structure support)
🏹 Target 1: $0.6972 — previous resistance zone
🏹 Target 2: $0.7964 — major supply/resistance level
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📈 Bullish Scenario
✅ Price holds above $0.60 support → continuation toward $0.70 and $0.79.
Breakout from the descending channel signals trend reversal with higher low formation.
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📊 Technical Confluence
Descending channel breakout
Fibonacci golden zone support
Resistance turned support (RBS)
Higher low formation
Bullish momentum continuation structure
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🔑 Key Technical Zone
🟢 RBS Zone + Fibonacci Golden Zone: $0.6162 – $0.6002
Resistance turned support (RBS)
0.5 – 0.618 Fibonacci retracement confluence
High-probability buying area
Holding above this zone confirms bullish continuation
➖➖➖➖➖➖➖
🎯 Trade Levels (Based on Chart)
🎯 Entry Area: $0.6164 (pullback entry near golden zone)
🛑 Stop Loss: $0.5564 (below structure support)
🏹 Target 1: $0.6972 — previous resistance zone
🏹 Target 2: $0.7964 — major supply/resistance level
➖➖➖➖➖➖➖
📈 Bullish Scenario
✅ Price holds above $0.60 support → continuation toward $0.70 and $0.79.
Breakout from the descending channel signals trend reversal with higher low formation.
➖➖➖➖➖➖➖
📊 Technical Confluence
Descending channel breakout
Fibonacci golden zone support
Resistance turned support (RBS)
Higher low formation
Bullish momentum continuation structure
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Transaction en cours
Both the targets hitTrade fermée: cible de profit atteinte
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
