$NEAR times? 60% above? Back around the neckline 3.4, the structure is quite stable. Spot has shown up on CEX, and the neckline has also been broken. There is more than 60% room left until the previous high. But the long/short ratio is 1.42/1.56—bulls are a bit crowded. Don’t end up getting squeezed.
In terms of execution: first preference is to buy/enter at 3.40-3.50. Add positions at 3.15-3.25. Stop loss at 3.10. Targets: first look at 4.0-4.2, then 4.8-5.0.
In terms of execution: first preference is to buy/enter at 3.40-3.50. Add positions at 3.15-3.25. Stop loss at 3.10. Targets: first look at 4.0-4.2, then 4.8-5.0.
