$GOOGL READY TO BOUNCE FROM THE SUPPORT! ๐
๐ฅ Bulls are Fighting Back!Looking at the 1-hour chart for Alphabet Inc ($GOOG), the price has successfully stabilized above its strong local support level around $354. It is currently trading at $367.06 (+1.68%), showing an impressive recovery candle pushing through key resistance lines.
The SSL Channel shows that the green line is cross-curving upward, indicating that buyers are stepping back into the market. This looks like a prime accumulation phase before the next leg up!
๐ Here is your exclusive Spot Trading Setup:
๐ Entry Zone: $362.00 - $367.00 (Perfect zone to enter in layers near current market price)
๐ฏ Target 1 (TP1): $370.00 (Immediate key psychological resistance)
๐ฏ Target 2 (TP2): $374.00 (Testing the recent swing highs)
๐ฏ Target 3 (TP3): $380.00+ (Breakout extension target)
๐ก๏ธ Stop Loss (SL): $353.50 (Strictly close the spot trade if it breaks below the absolute bottom support)
โ ๏ธ Trading Strategy:This signal is strictly for SPOT trading. Absolutely no futures or high-leverage positions. Make sure to use the DCA (Dollar-Cost Averaging) method to secure a better average entry price.
๐ฌ What's your take on
$GOOGLon ? Are we going to see $374+ this week, or is it a fakeout? Drop your thoughts in the comments! ๐
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