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BR/USDT Long Trading Plan
Trading Logic:
I will not enter at the current price level. The plan is to actively position with buy limit orders through a grid at a lower level. This coin has already experienced a strong rally, and I expect a reasonable correction to gather strength. I will strictly follow the path indicated by the black arrows on the chart, catching the price within the dense blue support zone.
Target Levels:
1. Entry Zone: 0.14000 to 0.15000 (blue area above)
2. 0.17000 (local high)
3. 0.19000 (sweep above weak highs to remove liquidity)
Technical Analysis:
On the 4-hour chart, we can see a clean upward wave with a clear breakout of structure (BOS). The bulls have shown strength, but the market needs to cool down now. I anticipate the price will fall back into the interested zone, experiencing a frustrating sideways consolidation at key levels to absorb buy orders, followed by a violent surge. Market makers need to sweep the liquidity below before initiating a new rally. I have placed buy orders at different levels and am patiently waiting for the price to drop into our zone!