$BABY is starting to wake up after months of compression but Iโm treating this as an early breakout, not a finished move.
The downtrend structure has finally started to break, while OI is expanding and buyer flow is improving. The only thing keeping me cautious is long-heavy positioning near resistance.
๐ Entry: $0.0135 โ $0.0140
๐ SL: $0.0109
๐ฏ TP1: $0.0146
๐ฏ TP2: $0.0172
๐ฏ TP3: $0.0195
๐ฏ TP4: $0.0218
๐ Runner: $0.0319+
For me, $0.0143โ$0.0146 is the first real test. Acceptance above that area would open the door for a larger expansion.
A pullback into $0.0128โ$0.0133 would also give a cleaner secondary opportunity.
Low leverage. Small margin. Multi-week idea.
NFA. DYOR.
The downtrend structure has finally started to break, while OI is expanding and buyer flow is improving. The only thing keeping me cautious is long-heavy positioning near resistance.
๐ Entry: $0.0135 โ $0.0140
๐ SL: $0.0109
๐ฏ TP1: $0.0146
๐ฏ TP2: $0.0172
๐ฏ TP3: $0.0195
๐ฏ TP4: $0.0218
๐ Runner: $0.0319+
For me, $0.0143โ$0.0146 is the first real test. Acceptance above that area would open the door for a larger expansion.
A pullback into $0.0128โ$0.0133 would also give a cleaner secondary opportunity.
Low leverage. Small margin. Multi-week idea.
NFA. DYOR.
