Strategic Rebound from Fibonacci 50%-61.8% Within Bullish Chanl

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This trade is based on a confirmed bullish structure following a Break of Structure (BOS) and multiple Change of Character (CHoCH) signals, indicating a potential trend reversal. Price is currently trading within a rising channel, pulling back into the key Fibonacci 50%-61.8% retracement zone (2,551 – 2,539 USDT).

This area aligns with a possible institutional order block, increasing the likelihood of a bullish reaction. The trade targets a move back toward the local high around 2,598 USDT, with potential extension to the liquidity zone near 2,670 USDT. A protective stop-loss is placed below structure at 2,527 USDT, ensuring a favorable risk-to-reward ratio.

Feragatname

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