BYON/USD – 30-Min Long Trade Setup!Beyond, Inc.BATS:BYONProfittoPath📉 🚀 🔹 Asset: BYON (Beyond, Inc.) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bullish Wedge Breakout 📌 Trade Plan (Long Position) ✅ Entry Zone: Above $6.50 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $5.97 (Break of Support) 🎯 Take Profit Targets: 📌 TP1: $6.90 (First Resistance Level) 📌 TP2: $7.46 (Final Target – Extended Move) 📊 Risk-Reward Ratio Calculation 📈 Risk (SL Distance): $6.50 - $5.97 = $0.53 per share 📈 Reward to TP1: $6.90 - $6.50 = $0.40 (1:0.75 R/R) 📈 Reward to TP2: $7.46 - $6.50 = $0.96 (1:1.8 R/R) 🔍 Technical Analysis & Strategy 📌 Falling Wedge Pattern: A breakout above $6.50 signals bullish reversal. 📌 Volume Confirmation Needed: Strong buying above $6.50 confirms trend shift. 📌 Momentum Shift Expected: Sustained move above $6.50 could push to $6.90 (TP1) and $7.46 (TP2). 📊 Key Support & Resistance Levels 🟢 $5.97 – Key Support / Stop-Loss Level 🟡 $6.50 – Entry / Breakout Level 🔴 $6.90 – First Target / TP1 🔴 $7.46 – Final Target / TP2 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong buying above $6.50 before entry. 📈 Trailing Stop Strategy: Move SL to entry ($6.50) after TP1 ($6.90) is hit. 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at TP1 ($6.90), let the rest run to TP2 ($7.46). ✔ Adjust Stop-Loss to Break-even ($6.50) after TP1 is reached. ⚠️ Breakout Failure Risk ❌ If price rejects $6.50 and falls below $5.97, exit early to avoid fakeout. ❌ Wait for a strong bullish candle close above $6.50 before entering. 🚀 Final Thoughts ✔ Bullish Setup – Breakout above $6.50 confirms momentum. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:0.75 (TP1) & 1:1.8 (TP2). 💡 Stick to the plan, manage risk, and trade smart! 🚀🏆 🔗 #StockTrading #BYON #BreakoutTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis 📈🚀