Based on the 1-hour chart you shared for AAOIB/USDT (Applied Optoelectronics), here is a technical trade setup:
📈 AAOIB/USDT – Long Bias (Trend Following)
Current Price: $128.37
Trend: Strong bullish momentum
24H High: $131.99
Support: $124.50–126.00
Major Support: $119.50 (MA 7)
Resistance: $132.00
Breakout Target: $138.00–145.00
🟢 Long Entry
Entry Zone: $125.00–127.00 (on a pullback)
Stop Loss: $119.00
TP1: $132.00
TP2: $138.00
TP3: $145.00
🔴 Short Setup (Only if rejected)
Entry: Near $131.50–132.00 with bearish confirmation
Stop Loss: $134.50
TP1: $125.00
TP2: $120.00
📊 Technical View
Price is trading above the 7 MA, 25 MA, and 99 MA, confirming a strong uptrend.
The sharp breakout was supported by high trading volume, showing strong buying interest.
Chasing the price after such a large green candle is risky. Waiting for a pullback to support offers a better risk-to-reward ratio.$AAOIB
$AKE
$BABY