RKLB is breaking out of its market structure, with a clear signal to go long. Current price action is confirming the strength of this move.

━━━━━━━━━━━━━━━━━━━━━

🟢 RKLB LONG 📈

━━━━━━━━━━━━━━━━━━━━━

📍 Entry Range: $104.9050 – $105.1150

🛑 Stop Loss: $101.8597 (-3.0%)

🎯 TP1: $106.5851 (+1.5%)

🏆 TP2: $110.2605 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 88%

━━━━━━━━━━━━━━━━━━━━━

This setup is fueled by a combination of signals, including the CHoCH market structure break, CVD confirming the direction with volume, and an FVG that indicates a gap to fair value, all of which are converging at a key OB and POI confluence. The overlap of OB and FVG is particularly compelling, suggesting a strong push upwards. The overall structure suggests a high probability of continuation.

A 3.0% stop loss is relatively tight but appropriate given the leverage logic, which suggests using up to 5x leverage to maximize returns while keeping risk in check.

Considering the risk-reward ratio of 1:1.7, it's prudent to take partial profits at the first target to lock in some gains and ride the rest with a trailing stop.

Not financial advice — always manage your own risk 🙏

#RKLBUSDT $RKLB #SMC #Write2Earn #Binance