$ZHONGJI $CAT
#MRVL #ZHONGJI #Cryptocurrency
Everyone, I’m planning to open a large long position on $MRVL .
Take profit: 235.4
Stop loss: 219.5766 👇
You may be wondering the obvious question: why am I going long at this level?
The latest 15-minute close is 222.41. The 20-day range is 218.9 to 278.33, and the current price is near the 5.9th percentile.
While other coins are rotating, this one is sitting at the bottom of its range. That’s why it caught my attention.
I don’t chase highs.
I’m leaning bullish for one reason: no one seems willing to sell out at this level anymore.
The 7-day change is -3.81%. The decline hasn’t been sharp, and positions are getting heavier as the price falls. This looks more like a shift in ownership than a collapse.
Take profit at 235.4, +5.84% from the current price.
Stop loss at 219.5766, -1.27% from the current price.
Both levels are within the average daily volatility; 6.75% is the risk limit for this trade.
The setup is like leaving this move some room to breathe. If it breaks below the level, I’m out—no giving it another chance.
At first glance, I thought I must have read it wrong. Support at levels like this often comes in faster, so I checked twice before believing it.
The risk-reward ratio for this trade is 4.58.
What do you all think?
The above is a record of my personal trading system and data observations. It does not constitute investment advice.
#MRVL #ZHONGJI #Cryptocurrency
Everyone, I’m planning to open a large long position on $MRVL .
Take profit: 235.4
Stop loss: 219.5766 👇
You may be wondering the obvious question: why am I going long at this level?
The latest 15-minute close is 222.41. The 20-day range is 218.9 to 278.33, and the current price is near the 5.9th percentile.
While other coins are rotating, this one is sitting at the bottom of its range. That’s why it caught my attention.
I don’t chase highs.
I’m leaning bullish for one reason: no one seems willing to sell out at this level anymore.
The 7-day change is -3.81%. The decline hasn’t been sharp, and positions are getting heavier as the price falls. This looks more like a shift in ownership than a collapse.
Take profit at 235.4, +5.84% from the current price.
Stop loss at 219.5766, -1.27% from the current price.
Both levels are within the average daily volatility; 6.75% is the risk limit for this trade.
The setup is like leaving this move some room to breathe. If it breaks below the level, I’m out—no giving it another chance.
At first glance, I thought I must have read it wrong. Support at levels like this often comes in faster, so I checked twice before believing it.
The risk-reward ratio for this trade is 4.58.
What do you all think?
The above is a record of my personal trading system and data observations. It does not constitute investment advice.
