$ON - LONG breakout setup
$ON , 1-hour and 4-hour. RSI at 67 $ON both, buyers in charge but not hot.
A 67 reading means buyers are leaning on the gas without the engine overheating, since anything past 70 is where things get sweaty. The 15-minute sits lower at 58, so the faster view is cooler than the slower ones. Price on the 30-minute is 15% above the 200 EMA though, and the 34 and 89 EMAs are stacked underneath, so the move has run far from its long-term average.
Anyone watching 0.15 instead of the entry zone?
Setup:
Entry: 0.151–0.152
TP1: 0.166
TP2: 0.178
TP3: 0.189
SL: 0.138
9.1% between entry and stop. Pick leverage that can sit through that.
⚠️ Personal market insight, not investment advice. DYOR.
$ON , 1-hour and 4-hour. RSI at 67 $ON both, buyers in charge but not hot.
A 67 reading means buyers are leaning on the gas without the engine overheating, since anything past 70 is where things get sweaty. The 15-minute sits lower at 58, so the faster view is cooler than the slower ones. Price on the 30-minute is 15% above the 200 EMA though, and the 34 and 89 EMAs are stacked underneath, so the move has run far from its long-term average.
Anyone watching 0.15 instead of the entry zone?
Setup:
Entry: 0.151–0.152
TP1: 0.166
TP2: 0.178
TP3: 0.189
SL: 0.138
9.1% between entry and stop. Pick leverage that can sit through that.
⚠️ Personal market insight, not investment advice. DYOR.
