Caught a heavy dump from the 240s, but we are finally seeing a reaction off that 160-165 bottom zone😁
Currently sitting at $177 and showing a nice little +7% bounce on the daily.
We are still down bad over the 30-day (-20%), so don't get too greedy here, but this setup looks good for a short-term relief play.
Here’s the trade plan:.
🟢 Entry: Current zone ($175 - $178)
🎯 Take Profit 1: $190 (Local resistance)
🎯 Take Profit 2:$205 (If it fills that big gap
🛑 Stop Loss: $158 (If we lose the recent low, get out)
Volume is starting to pick up, let's see if the bulls can keep pushing.
Only playing this with spot/isolated margin. NFA, manage your risk! 🤝
$NBIS
Currently sitting at $177 and showing a nice little +7% bounce on the daily.
We are still down bad over the 30-day (-20%), so don't get too greedy here, but this setup looks good for a short-term relief play.
Here’s the trade plan:.
🟢 Entry: Current zone ($175 - $178)
🎯 Take Profit 1: $190 (Local resistance)
🎯 Take Profit 2:$205 (If it fills that big gap
🛑 Stop Loss: $158 (If we lose the recent low, get out)
Volume is starting to pick up, let's see if the bulls can keep pushing.
Only playing this with spot/isolated margin. NFA, manage your risk! 🤝
$NBIS