BBNX – 30-Min Long Trade Setup !

📈 🚀
🔹 Asset: Beta Bionics, Inc. (BBNX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade

📌 Trade Plan (Long Position)
✅ Entry Zone: Above $14.50 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $13.40 (Invalidation Level)

🎯 Take Profit Targets:
📌 TP1: $15.92 (First Resistance Level)
📌 TP2: $17.70 (Extended Bullish Move)

📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $14.50 - $13.40 = $1.10 per share
📈 Reward to TP1: $15.92 - $14.50 = $1.42 (1:1.29 R/R)
📈 Reward to TP2: $17.70 - $14.50 = $3.20 (1:2.91 R/R)

💡 Favorable Risk-Reward Setup – Targeting a 1:2.91 R/R at TP2.

🔍 Technical Analysis & Strategy
📌 Bullish Wedge Breakout Setup – Price consolidating at key support.
📌 Strong Reversal Potential – Buyers stepping in near $14.50 support.
📌 Volume Confirmation Needed – A strong buy volume spike above $14.50 confirms momentum shift.
📌 Momentum Shift Expected – Breakout could lead to $15.92, then extend to $17.70.

📊 Key Resistance & Support Levels
🔴 $15.92 – First Resistance / TP1
🟡 $14.50 – Breakout Level / Long Entry
⚪ $13.40 – Stop-Loss / Support Level
🟢 $17.70 – Final Target / TP2

📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong buying pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven ($14.50) after hitting TP1 ($15.92).

💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $15.92, let the rest run to $17.70.
✔ Adjust SL to breakeven ($14.50) after TP1 is hit.

⚠️ Fake Breakout Risk
❌ If price moves back below $14.50, exit early to limit losses.
❌ Wait for a strong bullish candle close above $14.50 before entering aggressively.

🚀 Final Thoughts
✔ Bullish Setup Confirmed – Breakout signals further upside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.91 R/R at TP2 makes this a high-quality trade.

💡 Stick to the plan, manage risk, and trade smart! 📈🔥

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