$SKDDB , traders, this leveraged play is showing some serious upward momentum on the board today and it’s worth breaking down the structure. Sitting at $9.21 with a solid +9.25% gain, the latest price action indicates a strong trend continuation after a period of relative quiet. The short-term structure is clearly bullish, but with this kind of percentage move, timing the pullback is crucial to protecting your capital.
📌 Current Price: $9.21
📊 24H Change: +9.25%
Looking at the recent price action, the breakout is apparent, but chasing a nearly 10% green candle is rarely the smartest entry. The market often needs a moment to digest these moves. I’m watching to see if the previous resistance level now flips into a sturdy support floor. If buyers defend that area on a retest, it gives us a much safer entry to ride the next leg up.
🟢 Entry Zone: $8.85 – $9.05
⟡ TP1: $9.50
◈ TP2: $10.00
⚡︎ TP3: $10.75
🛡️ Stop Loss: $8.50
The entry zone is designed around the psychological $9.00 level, which should now act as a launchpad if the bulls are still in control. TP1 is the next minor resistance, a good spot to lock in some quick profits. TP2 targets the major psychological barrier at $10.00, where heavy liquidity will likely sit. TP3 is the extended target for a full continuation of the trend. The stop loss is placed below the recent breakout base—if price falls back under $8.50, the bullish setup is invalidated, and I’d rather step aside than hope for a bounce.
Support: $8.85 / $8.50
Resistance: $9.50 / $10.00
On this lower-timeframe setup, volume is definitely backing the move, which gives the breakout some credibility. However, guys, remember that leveraged products can be volatile. Keep this entry zone on your radar and watch how the candles react if we get that dip. Are you waiting for a confirmed bounce before entering, or are you scaling in here? Let the structure guide you, and always manage your risk.
#BinanceWithdrawalScamWarning #USOctoberNFP-AreRateCutsStillPossible #BinanceRestores28FiatWithdrawals
📌 Current Price: $9.21
📊 24H Change: +9.25%
Looking at the recent price action, the breakout is apparent, but chasing a nearly 10% green candle is rarely the smartest entry. The market often needs a moment to digest these moves. I’m watching to see if the previous resistance level now flips into a sturdy support floor. If buyers defend that area on a retest, it gives us a much safer entry to ride the next leg up.
🟢 Entry Zone: $8.85 – $9.05
⟡ TP1: $9.50
◈ TP2: $10.00
⚡︎ TP3: $10.75
🛡️ Stop Loss: $8.50
The entry zone is designed around the psychological $9.00 level, which should now act as a launchpad if the bulls are still in control. TP1 is the next minor resistance, a good spot to lock in some quick profits. TP2 targets the major psychological barrier at $10.00, where heavy liquidity will likely sit. TP3 is the extended target for a full continuation of the trend. The stop loss is placed below the recent breakout base—if price falls back under $8.50, the bullish setup is invalidated, and I’d rather step aside than hope for a bounce.
Support: $8.85 / $8.50
Resistance: $9.50 / $10.00
On this lower-timeframe setup, volume is definitely backing the move, which gives the breakout some credibility. However, guys, remember that leveraged products can be volatile. Keep this entry zone on your radar and watch how the candles react if we get that dip. Are you waiting for a confirmed bounce before entering, or are you scaling in here? Let the structure guide you, and always manage your risk.
#BinanceWithdrawalScamWarning #USOctoberNFP-AreRateCutsStillPossible #BinanceRestores28FiatWithdrawals