🚨 $WMT USDT Trade Setup | 1H Timeframe 🚨
Price is trading near the upper Bollinger Band after a strong bullish rally. Momentum remains positive, but RSI is in the overbought zone, making both breakout and pullback setups worth watching.
🟢 Long Setup
Entry: 118.80 - 119.50
Targets: 🎯 TP1: 120.50
🎯 TP2: 122.00
🎯 TP3: 124.00
🛑 Stop Loss: 117.50
Bullish Confirmation: ✅ Holding above Bollinger mid-band
✅ Strong uptrend structure intact
✅ Buyers continue defending higher lows
🔴 Short Setup
Entry: 120.30 - 120.80 (rejection zone)
Targets: 🎯 TP1: 118.50
🎯 TP2: 117.00
🎯 TP3: 115.50
🛑 Stop Loss: 121.50
Bearish Confirmation: ⚠️ RSI above 80 signals overbought conditions
⚠️ Resistance near 120.50 high
⚠️ Watch for rejection candles before entering short
$PORTAL $OPN 📊 Market Outlook: Bullish trend remains dominant, but traders should be prepared for a short-term correction from resistance. Trade with proper risk management and wait for confirmation before entry.
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