Look at the chart of $GOOGLB right now—do you guys smell anything? The smell of hesitation, or the scent of a PUMP just waiting to break through the accumulation zone?
Honestly, the market is in an extremely sensitive phase. A lot of people are FOMO because they see a slight green move in price, but when you look closely at the technical structure, this game isn’t as simple as it looks.
Based on the technical data:
🔹 15-minute chart: Price is currently hovering below the MA(20) at 346.6290 and the EMA(9) at 346.5742. This suggests the selling side still slightly controls the short term area; it hasn’t allowed the buying side to break out.
🔹 1-hour chart: The signal looks brighter again, with MA(20) at 343.7530 and EMA(9) at 345.8032. The current price is above both moving averages, which shows the uptrend is still in effect, but it needs a strong enough volume push to break through the resistance at 347.
From my practical, hands-on perspective, $GOOGLB is in a tightly compressed state. If it breaks the 347 resistance, there’s a high chance of a strong acceleration move. On the other hand, if it breaks through the 343 area, it’s likely to see a deeper pullback to gain momentum.
My personal setup for this trade:
🎯 Position: LONG
🎯 Entry: Around 344 - 345
🎯 TP (Take profit): 352 - 355
🎯 SL (Stop loss): 341
I chose this plan because the EMA(9) on the 1-hour chart is supporting quite firmly. As long as the 341 zone isn’t broken, I still believe in the upward scenario. However, if the market becomes highly volatile due to macro news, I’ll prioritize keeping a tight SL to protect capital.
Are you guys watching for a LONG, or are you waiting for a SHORT on this coin to make some last-weekend money?
#Crypto #Trading #Binance
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).
Honestly, the market is in an extremely sensitive phase. A lot of people are FOMO because they see a slight green move in price, but when you look closely at the technical structure, this game isn’t as simple as it looks.
Based on the technical data:
🔹 15-minute chart: Price is currently hovering below the MA(20) at 346.6290 and the EMA(9) at 346.5742. This suggests the selling side still slightly controls the short term area; it hasn’t allowed the buying side to break out.
🔹 1-hour chart: The signal looks brighter again, with MA(20) at 343.7530 and EMA(9) at 345.8032. The current price is above both moving averages, which shows the uptrend is still in effect, but it needs a strong enough volume push to break through the resistance at 347.
From my practical, hands-on perspective, $GOOGLB is in a tightly compressed state. If it breaks the 347 resistance, there’s a high chance of a strong acceleration move. On the other hand, if it breaks through the 343 area, it’s likely to see a deeper pullback to gain momentum.
My personal setup for this trade:
🎯 Position: LONG
🎯 Entry: Around 344 - 345
🎯 TP (Take profit): 352 - 355
🎯 SL (Stop loss): 341
I chose this plan because the EMA(9) on the 1-hour chart is supporting quite firmly. As long as the 341 zone isn’t broken, I still believe in the upward scenario. However, if the market becomes highly volatile due to macro news, I’ll prioritize keeping a tight SL to protect capital.
Are you guys watching for a LONG, or are you waiting for a SHORT on this coin to make some last-weekend money?
#Crypto #Trading #Binance
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).