$RAIN
#RAIN 🚀
Direction: LONG
Entry zone: 0.00683 to 0.00686
Stop loss: 0.00675
Target 1: 0.00699
Target 2: 0.00709
Rain is trading near 0.00685 dollars, up 15.53 percent in 24 hours, inside a range of 0.00554 to 0.00692. My reading is that this is a momentum breakout holding near its high, because the recent closes pushed up into the top of the range, 0.00669, then 0.00687, then 0.00679, then 0.00685, which is buyers defending a new level, not a one candle spike that already faded. 📈 A long from the current zone, with a stop below 0.00675, targets 0.00699 first and then 0.00709 if momentum continues. A fall below 0.00675 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Rain push to 0.00699 first, or fall below 0.00675? 🤔
Follow for more trades.
#Rain #Crypto #FuturesTrading #TradingSignals