🪙 $THE
🟢 LONG | 1H
🟢 Entry: 0.07680 — 0.07720
🛑 Stop: 0.07530
🟢 TP1: 0.08050
🟢 TP2: 0.08200
🟢 TP3: 0.08400
📈 Strong bullish trend with an upward-sloping EMA cluster, price trading above all major EMAs, and a green Supertrend. Bullish MACD with RSI at 79 indicating overbought conditions, though counter-trend shorting against the parabolic move should be avoided. Entry is set on a deep pullback to the EMA7 zone, with a stop loss placed safely below the EMA25. TP1 targets above the upper Bollinger Band for an R:R of ~1:2, with TP2 providing an ambitious target and TP3 set on upside expansion, utilizing a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $THE
🟢 LONG | 1H
🟢 Entry: 0.07680 — 0.07720
🛑 Stop: 0.07530
🟢 TP1: 0.08050
🟢 TP2: 0.08200
🟢 TP3: 0.08400
📈 Strong bullish trend with an upward-sloping EMA cluster, price trading above all major EMAs, and a green Supertrend. Bullish MACD with RSI at 79 indicating overbought conditions, though counter-trend shorting against the parabolic move should be avoided. Entry is set on a deep pullback to the EMA7 zone, with a stop loss placed safely below the EMA25. TP1 targets above the upper Bollinger Band for an R:R of ~1:2, with TP2 providing an ambitious target and TP3 set on upside expansion, utilizing a 1% risk allocation.
⚠️ Disclaimer: Not financial advice!
🪙 $THE