HEMI is bouncing off a key order block, setting up a long opportunity. Current price action is testing the resolve of bears, with bulls looking to take control.
🟢 $HEMI LONG 📈 — Trade Plan
• Entry: $0.006484 – $0.006496
• Stop: $0.006295 (-3.0%)
• Target 1: $0.006587 (+1.5%)
• Target 2: $0.006815 (+5.0%)
• R/R 1:1.7 | Confidence 65%
This HEMI setup is firing on multiple signals, including a clear market structure break and volume confirming direction, which is exactly what we want to see. The fair value gap and order block overlap are also creating a confluence of interest, making this a high-probability trade. With these signals in place, the path of least resistance looks to be upwards.
A 3.0% stop loss might be considered relatively tight, but with 1:1.7 risk/reward, it's manageable with 2x leverage, allowing us to maximize our potential gain.
Taking partial profits at the first target will help lock in some gains and free up mental capital to let the remainder of the trade ride out its course.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$HEMI #HEMIUSDT #Ace #TradingSignals #Write2Earn
🟢 $HEMI LONG 📈 — Trade Plan
• Entry: $0.006484 – $0.006496
• Stop: $0.006295 (-3.0%)
• Target 1: $0.006587 (+1.5%)
• Target 2: $0.006815 (+5.0%)
• R/R 1:1.7 | Confidence 65%
This HEMI setup is firing on multiple signals, including a clear market structure break and volume confirming direction, which is exactly what we want to see. The fair value gap and order block overlap are also creating a confluence of interest, making this a high-probability trade. With these signals in place, the path of least resistance looks to be upwards.
A 3.0% stop loss might be considered relatively tight, but with 1:1.7 risk/reward, it's manageable with 2x leverage, allowing us to maximize our potential gain.
Taking partial profits at the first target will help lock in some gains and free up mental capital to let the remainder of the trade ride out its course.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$HEMI #HEMIUSDT #Ace #TradingSignals #Write2Earn