$ALGO Bears are trapped and price rockets 10.3% from the 7-day low โ a perfect bear trap!
$ALGO /USDT โ Long ๐ข
Trading plan:
Entry: 0.1311 โ 0.1382
Stop loss: 0.121028
Target 1: 0.14608
Target 2: 0.156846
Target 3: 0.162081
Why this setup?
RSI at 69.8 with 10.3% momentum confirms the strength of the bounce from the low
A classic bear trap at 0.103, with no negative RSI divergence
Balanced sentiment at 49.7/50.3 and a tight ATR of 0.0046 support a precise move
Reserve your seat now to ride the bullish wave toward the first target at 0.14608 before the second target takes off โ are you ready to snipe, or will you just watch? ๐ฏ
$ALGO (Reminder: Timeframe: 4h | Event: Bear Trap & Sniper Bounce)
This content is not investment advice. Do your own research (DYOR)
$ALGO /USDT โ Long ๐ข
Trading plan:
Entry: 0.1311 โ 0.1382
Stop loss: 0.121028
Target 1: 0.14608
Target 2: 0.156846
Target 3: 0.162081
Why this setup?
RSI at 69.8 with 10.3% momentum confirms the strength of the bounce from the low
A classic bear trap at 0.103, with no negative RSI divergence
Balanced sentiment at 49.7/50.3 and a tight ATR of 0.0046 support a precise move
Reserve your seat now to ride the bullish wave toward the first target at 0.14608 before the second target takes off โ are you ready to snipe, or will you just watch? ๐ฏ
$ALGO (Reminder: Timeframe: 4h | Event: Bear Trap & Sniper Bounce)
This content is not investment advice. Do your own research (DYOR)