๐จ $1000CAT is already moving, but the setup is still tradable without chasing the top.
Price is holding near the breakout area and short-term buyer flow has improved. The only thing I donโt like is crowded long positioning, so Iโm keeping the risk wide and the size small.
๐ Entry: $0.00229 โ $0.00234
๐ SL: $0.00186
๐ฏ TP1: $0.00244
๐ฏ TP2: $0.00257
๐ฏ TP3: $0.00295
๐ฏ TP4: $0.00350
๐ Runner: $0.00420+
If price gives a quick sweep, $0.00224โ$0.00227 is the better add/retest area.
As long as the breakout structure holds, Iโm interested. If it loses that structure, Iโm out.
๐ TP1 hit โ protect around entry.
โ๏ธ Low leverage. Small margin.
โณ Swing outlook: Multi-week
NFA. DYOR.
Price is holding near the breakout area and short-term buyer flow has improved. The only thing I donโt like is crowded long positioning, so Iโm keeping the risk wide and the size small.
๐ Entry: $0.00229 โ $0.00234
๐ SL: $0.00186
๐ฏ TP1: $0.00244
๐ฏ TP2: $0.00257
๐ฏ TP3: $0.00295
๐ฏ TP4: $0.00350
๐ Runner: $0.00420+
If price gives a quick sweep, $0.00224โ$0.00227 is the better add/retest area.
As long as the breakout structure holds, Iโm interested. If it loses that structure, Iโm out.
๐ TP1 hit โ protect around entry.
โ๏ธ Low leverage. Small margin.
โณ Swing outlook: Multi-week
NFA. DYOR.
