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Syed Shuvo
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Another coin in radar #myro
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Syed Shuvo
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For $SOL, we're looking for the S3 mean reversion play. Looks less likely to be obtained if BTC & ETH decide to recover strongly here. A drop into 219 seems more appetizing for a trade, and frontrunning it slightly does not provide us with accurate triggers to assume the set up. Ideally, we'd like to see a deviation to help us confirm an invalidation level, followed by a reclaim of 219.75 to assume the trade back into S1/S2 levels. Looks like we might miss the opportunity on this one, but we're cool with having exposure on 2/3 of the better performing majors right now. Some will miss, some will hit. Funding 0.0172 - 0.0259 which is significantly higher, assuming the mean reversion play can still drop and do what we're looking for before making its move. Patience on this one.
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$JTO**: Watching for this m10 ob cluster reclaim
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I also gave you the exact pepe playbook in this analysis that I did. Swept the lows and sent.
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Closed $PEPE out a bit too early for a 7% move. But I'm not complaining. Up 12% now. Going to look for another bid. Gave entry, invalidation, and typical TPs of R1,R2,R3.
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Looked at BONK as well on stream, given the green demand box highlighted during it. Overall, think this can move strongly with the 200EMA and Pivot supporting the intra-day chart. Problems arise towards the daily 200EMA, being the 0.23569 area. This is still 5-6% away. If we're given enough momentum, I expect BONK to move quickly. Can look at the below to consider a set up if its given again. A push above R1 would signal the chase play/continuation.
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