The backdrop is not helping: only 10.5% of spot USDT pairs are green.
The $ERA zone sits 1.96% from the current price of 0.065; that is within a typical hourly swing. $ERA printed a green hourly candle on 9.1x average volume seven hours ago; that candle's low is a level buyers will want to defend. Risk-to-reward to TP1 on $ERA is under one, at 0.98.
There was a 6.0x volume burst on $SAND in the current hour. The first target on $SAND pays only 0.96 for every unit of risk; I would want a better entry inside the zone before taking it seriously. $SAND has to travel 7.44% before it reaches the 0.05756–0.05849 area, so until then it is a level, not a trade.
$QUICK printed a green hourly candle on 9.2x average volume seven hours ago. $QUICK is -14.8% over the last six hours. That recent drop is bringing price toward the plan. Reward to TP1 on $QUICK is 2.09 times the risk — the stop is not doing all the work here.
The levels are on the card; the notes above are why I would not treat the three equally.
The $ERA zone sits 1.96% from the current price of 0.065; that is within a typical hourly swing. $ERA printed a green hourly candle on 9.1x average volume seven hours ago; that candle's low is a level buyers will want to defend. Risk-to-reward to TP1 on $ERA is under one, at 0.98.
There was a 6.0x volume burst on $SAND in the current hour. The first target on $SAND pays only 0.96 for every unit of risk; I would want a better entry inside the zone before taking it seriously. $SAND has to travel 7.44% before it reaches the 0.05756–0.05849 area, so until then it is a level, not a trade.
$QUICK printed a green hourly candle on 9.2x average volume seven hours ago. $QUICK is -14.8% over the last six hours. That recent drop is bringing price toward the plan. Reward to TP1 on $QUICK is 2.09 times the risk — the stop is not doing all the work here.
The levels are on the card; the notes above are why I would not treat the three equally.