$BABA is setting up for a real opening fight
Entry: After the first 5m candle close and retest of the opening range 🔥
Target: Opening range high breakout extension 🚀
Target: 8–12% on confirmed breakout 💎
Target: 15%+ if volume expansion stays strong ✅
Stop Loss: Below opening range low or first retest failure 🛑
The first candles will show whether liquidity is being absorbed or rejected. Perp launches often fake out early, then lock into the side that can hold the opening range. If buyers defend the retest and volume builds, that’s the market signaling whale participation and continuation. If the low breaks cleanly, the move was just a sweep. Let price prove direction before you commit capital.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Perps #Altcoins #Trading #Breakout
Entry: After the first 5m candle close and retest of the opening range 🔥
Target: Opening range high breakout extension 🚀
Target: 8–12% on confirmed breakout 💎
Target: 15%+ if volume expansion stays strong ✅
Stop Loss: Below opening range low or first retest failure 🛑
The first candles will show whether liquidity is being absorbed or rejected. Perp launches often fake out early, then lock into the side that can hold the opening range. If buyers defend the retest and volume builds, that’s the market signaling whale participation and continuation. If the low breaks cleanly, the move was just a sweep. Let price prove direction before you commit capital.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Perps #Altcoins #Trading #Breakout