$KAVA /USDT - LONG
Trade Plan:
Entry: 0.04039 – 0.03990
SL: 0.03982
TP1: 0.04087
TP2: 0.04226
TP3: 0.04379
Why this setup?
• The 4h chart shows price stabilizing near the 0.03982 swing low demand base, attempting to build a support foundation for a potential relief bounce.
• Setting a protective Stop Loss (SL) right below the recent swing trough at 0.03982 establishes a tight risk invalidation threshold safely below local support.
• Entering a long position in the 0.04039 to 0.03990 range offers a favorable Risk:Reward setup, targeting a retest of the 24h High (0.04087), intermediate horizontal resistance at 0.04226, and the major dynamic MA99 resistance level at 0.04379.
Debate:#SpaceXToReportQ2Results #MoodysAssignsSKHynixFirstARating #SpaceXFirstLockupExpiresAug6 #USIranDealOrNoDeal BitcoinRecoversTo$64100#MoodysAssignsSKHynixFirstARating $KAVA
Trade Plan:
Entry: 0.04039 – 0.03990
SL: 0.03982
TP1: 0.04087
TP2: 0.04226
TP3: 0.04379
Why this setup?
• The 4h chart shows price stabilizing near the 0.03982 swing low demand base, attempting to build a support foundation for a potential relief bounce.
• Setting a protective Stop Loss (SL) right below the recent swing trough at 0.03982 establishes a tight risk invalidation threshold safely below local support.
• Entering a long position in the 0.04039 to 0.03990 range offers a favorable Risk:Reward setup, targeting a retest of the 24h High (0.04087), intermediate horizontal resistance at 0.04226, and the major dynamic MA99 resistance level at 0.04379.
Debate:#SpaceXToReportQ2Results #MoodysAssignsSKHynixFirstARating #SpaceXFirstLockupExpiresAug6 #USIranDealOrNoDeal BitcoinRecoversTo$64100#MoodysAssignsSKHynixFirstARating $KAVA