Everyone's glued to the BTC rally while $PRL is quietly coiling above $0.0845 on the 4H. I was flat on it yesterday but the bullish engulfing just armed the next squeeze.
**Trade Plan**
$PRL - LONG
Entry: 0.0848 – 0.0852
SL: 0.0805
TP1: 0.0890
TP2: 0.0920
TP3: 0.0955
**Why this setup?**
- 4H bullish engulfing broke the $0.0845 resistance with 2.1 % volume spike.
- RSI on 4H at 58, leaving room for upside before hitting overbought territory.
- ATR (14) on 4H = 0.0018, giving a tight risk‑reward on the proposed entries.
- 1D bullish divergence between price and MACD supports a medium‑term flip.
**Debate:** Are you fading the $0.0845 breakout or riding the $0.0920 target?
$PRL
**Trade Plan**
$PRL - LONG
Entry: 0.0848 – 0.0852
SL: 0.0805
TP1: 0.0890
TP2: 0.0920
TP3: 0.0955
**Why this setup?**
- 4H bullish engulfing broke the $0.0845 resistance with 2.1 % volume spike.
- RSI on 4H at 58, leaving room for upside before hitting overbought territory.
- ATR (14) on 4H = 0.0018, giving a tight risk‑reward on the proposed entries.
- 1D bullish divergence between price and MACD supports a medium‑term flip.
**Debate:** Are you fading the $0.0845 breakout or riding the $0.0920 target?
$PRL