BBNX โ 30-Min Long Trade Setup !๐ ๐
๐น Asset: Beta Bionics, Inc. (BBNX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Breakout Trade
๐ Trade Plan (Long Position)
โ
Entry Zone: Above $14.50 (Breakout Confirmation)
โ
Stop-Loss (SL): Below $13.40 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $15.92 (First Resistance Level)
๐ TP2: $17.70 (Extended Bullish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $14.50 - $13.40 = $1.10 per share
๐ Reward to TP1: $15.92 - $14.50 = $1.42 (1:1.29 R/R)
๐ Reward to TP2: $17.70 - $14.50 = $3.20 (1:2.91 R/R)
๐ก Favorable Risk-Reward Setup โ Targeting a 1:2.91 R/R at TP2.
๐ Technical Analysis & Strategy
๐ Bullish Wedge Breakout Setup โ Price consolidating at key support.
๐ Strong Reversal Potential โ Buyers stepping in near $14.50 support.
๐ Volume Confirmation Needed โ A strong buy volume spike above $14.50 confirms momentum shift.
๐ Momentum Shift Expected โ Breakout could lead to $15.92, then extend to $17.70.
๐ Key Resistance & Support Levels
๐ด $15.92 โ First Resistance / TP1
๐ก $14.50 โ Breakout Level / Long Entry
โช $13.40 โ Stop-Loss / Support Level
๐ข $17.70 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation โ Ensure strong buying pressure before entry.
๐ Trailing Stop Strategy โ Move SL to breakeven ($14.50) after hitting TP1 ($15.92).
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $15.92, let the rest run to $17.70.
โ Adjust SL to breakeven ($14.50) after TP1 is hit.
โ ๏ธ Fake Breakout Risk
โ If price moves back below $14.50, exit early to limit losses.
โ Wait for a strong bullish candle close above $14.50 before entering aggressively.
๐ Final Thoughts
โ Bullish Setup Confirmed โ Breakout signals further upside potential.
โ Momentum Shift Expected โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:2.91 R/R at TP2 makes this a high-quality trade.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Maximum Reach ๐ฅ
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