Watching this one closely👀
We’ve had a rough pullback but the 14.00 zone is holding up nicely as a floor.
We just saw a solid bounce with some volume coming in, and we are currently trying to reclaim the 15.00 level.
For me, 15.05 is the trigger. If we hold above this and push through the local resistance, I expect a quick squeeze back toward 16.00 and potentially 17.00.
🔹 Entry: Market (CMP 15.05)
🔹 Targets: TP1: 16.20
TP2: 17.50
🔹 Stop Loss: 14.10 (Daily Close)
Risk management is keydon't ape in with too much size.
Stops set and let it run. Good luck, everyone! 🚀
$PAYP
We’ve had a rough pullback but the 14.00 zone is holding up nicely as a floor.
We just saw a solid bounce with some volume coming in, and we are currently trying to reclaim the 15.00 level.
For me, 15.05 is the trigger. If we hold above this and push through the local resistance, I expect a quick squeeze back toward 16.00 and potentially 17.00.
🔹 Entry: Market (CMP 15.05)
🔹 Targets: TP1: 16.20
TP2: 17.50
🔹 Stop Loss: 14.10 (Daily Close)
Risk management is keydon't ape in with too much size.
Stops set and let it run. Good luck, everyone! 🚀
$PAYP
