#CelebratingNewYearOnGateSquare Based on the charts & concepts Of SMC (CHOCH, Order Block, FVG, BOS), here is a technical analysis and trade setup for BREV/USDT.

$BREV ‌
Analysis of the Chart

Looking at the structure on the right-side chart (which appears to be a lower timeframe like the 15m or 1h), the market has recently exhibited the following behavior:

1. Break of Structure (BOS) / CHOCH: The price was previously in a downtrend, making lower lows. Recently, the price broke above a key resistance level (around 0.1403). This break of the previous lower high structure indicates a Change of Character (CHOCH) or a Break of Structure (BOS) to the upside, suggesting a potential shift from bearish to bullish momentum.
2. Fair Value Gap (FVG): As price broke upwards, it likely created an imbalance or a "gap" in price delivery. On the screenshot on the left (darker theme), you can see a sudden move away from a range, leaving a potential FVG between the wicks/closes around the 0.1388 and 0.1403 levels.
3. Order Block (OB): Prior to the breakout, there is a consolidation zone or a final "spring" before the move up. On the right-hand screenshot (lighter theme), the candles between ~17:00 and 15:30 show consolidation. The last bearish candle (or set of candles) before the impulsive move up is likely the Order Block (institutional supply/demand zone). This zone appears to be around the 0.1380 – 0.1388 area.

Trade Setup (Based on Smart Money Concepts)

This setup assumes a Long (Buy) position, anticipating a continuation of the newly established uptrend.

· Entry Zone (From Order Block):
The price is likely to retrace back into the Order Block (OB) to grab liquidity before continuing higher.
· Entry: Look for a retracement into the zone between 0.1380 and 0.1388.
· Confluence: This zone also aligns closely with the Lower Bollinger Band (LB: 0.1388) shown on the first screenshot, acting as a support confluence.
· Stop Loss:
· Place just below the recent swing low or below the Order Block structure. A safe spot would be below 0.1363 (the 24h Low) or just under the LB band, around 0.1360.
· Target (1:4 RR):
To calculate a 1:4 Risk-to-Reward ratio:
· Risk: If Entry is at 0.1385 and Stop Loss at 0.1365, the risk is 20 points (0.0020).
· Target 1 (1:1): 0.1405
· Target 2 (1:2): 0.1425
· Target 3 (1:3): 0.1445
· Target 4 (1:4 RR): 0.1465
· Note: This target aligns closely with the recent 24h High (0.1477) and the Upper Bollinger Band (UB: 0.1480), making it a logical profit-taking zone.

Summary

· Direction: LONG
· Entry: Retracement to 0.1380 – 0.1388 (Order Block / Support)
· Stop Loss: Below 0.1363 (e.g., 0.1360)
· Target: 0.1465 – 0.1480 (1:4 RR / Previous High)