Friends, this is a textbook shakeout in a true alpha name. $VOOI
dropped fast and hard from the highs, clearing out late buyers and quick profit exits in one decisive sweep. Long lower shadows and compressed candles near the bottom suggest sell pressure is easing while demand begins to soak up supply. Moves like this often clear the chart and set the stage for the next major direction. It’s fast, emotional, and unforgiving for rushed trades, but this is where high quality opportunities start to form once structure settles.
VOOI
Alpha
0.16355
-18.33%
At the moment, price is attempting to form a floor after the selloff. Holding this area could allow a technical bounce, while losing it likely leads to more sideways work. Control risk first. Do not chase. Wait for confirmation.
Trade Plan:
Entry Area: 0.1350 – 0.1450
Target 1: 0.1600
Target 2: 0.1800
Target 3: 0.2050
Stop: 0.1180
#VOOI #CPIWatch