$COMP /USDT - LONG
Trade Plan:
Entry: 16.59 – 16.51
SL: 16.38
TP1: 16.73
TP2: 16.89
TP3: 17.02
Why this setup?
• The 1h chart shows price stabilizing around dynamic support at the MA99 line (16.51) after pulling back from the recent rally, attempting to form a local bottom.
• Setting a protective Stop Loss (SL) right at the 24h Low support level (16.38) provides a clear risk invalidation boundary safely below recent consolidation.
• Entering a long position in the 16.59 to 16.51 zone offers a well-defined Risk:Reward setup, targeting a rebound toward local resistance at 16.73, 16.89, and a retest of the 24h High (17.02).
Debate:#USIranDealOrNoDeal #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 $COMP
Trade Plan:
Entry: 16.59 – 16.51
SL: 16.38
TP1: 16.73
TP2: 16.89
TP3: 17.02
Why this setup?
• The 1h chart shows price stabilizing around dynamic support at the MA99 line (16.51) after pulling back from the recent rally, attempting to form a local bottom.
• Setting a protective Stop Loss (SL) right at the 24h Low support level (16.38) provides a clear risk invalidation boundary safely below recent consolidation.
• Entering a long position in the 16.59 to 16.51 zone offers a well-defined Risk:Reward setup, targeting a rebound toward local resistance at 16.73, 16.89, and a retest of the 24h High (17.02).
Debate:#USIranDealOrNoDeal #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 #USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 $COMP