Everyone is looking at $AIO right now. One giant green candle, from 0.0345 to 0.0514, with almost nothing underneath it.
Price is trading far above all its moving averages, and the fast one sits near 0.040. When a coin stretches this far in one push, I don't see an entry. I see a rubber band.
My view: pullback first, continuation second.
Entry: 0.0473 to 0.0419
TP: 0.0514, then 0.0552
SL: below 0.0365
I stay bullish as long as 0.042 holds. If it loses that level, the whole move was just a spike and I'm out without arguing with the chart.
I'm not chasing here. If $AIO breaks 0.0552 and holds, I'll admit I was too careful and join the move.
Trade here👇
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #Binance98PercentReplenished #StrategySTRCResumesIssuanceAfterOver170Days #ADPUSPrivateEmployersAdd86000JobsInOctober
Price is trading far above all its moving averages, and the fast one sits near 0.040. When a coin stretches this far in one push, I don't see an entry. I see a rubber band.
My view: pullback first, continuation second.
Entry: 0.0473 to 0.0419
TP: 0.0514, then 0.0552
SL: below 0.0365
I stay bullish as long as 0.042 holds. If it loses that level, the whole move was just a spike and I'm out without arguing with the chart.
I'm not chasing here. If $AIO breaks 0.0552 and holds, I'll admit I was too careful and join the move.
Trade here👇
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #Binance98PercentReplenished #StrategySTRCResumesIssuanceAfterOver170Days #ADPUSPrivateEmployersAdd86000JobsInOctober
