Just spotted a setup on $ON and I'm dropping a quick trade set up😁
Look at this chart... we got absolutely cooked from the 0.30 highs down to a sweaty 0.1243 low.
But look at the daily now!
We're seeing a nice little green bounce, currently sitting at 0.1363
Sellers look exhausted, so I'm playing the relief bounce.
Keep in mind, the macro trend is still bearish, so this is a scalp, not a marriage.
Here's the play 👇
🟢 LONG $ON
📍 Entry: 0.1340 - 0.1370
🎯 TP1: 0.1450
🎯 TP2: 0.1500
🛑 Stop Loss: 0.1215
$ON
Look at this chart... we got absolutely cooked from the 0.30 highs down to a sweaty 0.1243 low.
But look at the daily now!
We're seeing a nice little green bounce, currently sitting at 0.1363
Sellers look exhausted, so I'm playing the relief bounce.
Keep in mind, the macro trend is still bearish, so this is a scalp, not a marriage.
Here's the play 👇
🟢 LONG $ON
📍 Entry: 0.1340 - 0.1370
🎯 TP1: 0.1450
🎯 TP2: 0.1500
🛑 Stop Loss: 0.1215
$ON
