๐ฆ $META RANGE TRAP HIDES AN 80% CONVICTION LONG SETUP ๐ข
Entry: 671.49288 - 671.90712 โก
Target: 677.56219 / 681.47032 / 687.33252 ๐
Stop Loss: 663.88374 โ ๏ธ
๐ $META is coiling inside a daily range, but the 1h ATR at 3.258531 says enough volatility remains to launch a measured move. ๐ฆ The 15m RSI at 64.06 is not stretched, leaving room for momentum to push from 671.70000 toward 677.56219 and 681.47032 without immediate resistance.
๐ก This is a trend-aligned range play, not a counter-trend reversal. The structure only breaks if price loses the 642.29066 invalidation line, while 663.88374 remains the tighter trade plan stop.
๐ค Do you take TP2, or expect another range squeeze before the breakout?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #META #LongSetup #RangeBound #ATR #Crypto
๐ฏ ๐ฆ
Entry: 671.49288 - 671.90712 โก
Target: 677.56219 / 681.47032 / 687.33252 ๐
Stop Loss: 663.88374 โ ๏ธ
๐ $META is coiling inside a daily range, but the 1h ATR at 3.258531 says enough volatility remains to launch a measured move. ๐ฆ The 15m RSI at 64.06 is not stretched, leaving room for momentum to push from 671.70000 toward 677.56219 and 681.47032 without immediate resistance.
๐ก This is a trend-aligned range play, not a counter-trend reversal. The structure only breaks if price loses the 642.29066 invalidation line, while 663.88374 remains the tighter trade plan stop.
๐ค Do you take TP2, or expect another range squeeze before the breakout?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #META #LongSetup #RangeBound #ATR #Crypto
๐ฏ ๐ฆ