My day can be summed up in these two snapshots: Speed on the track and volatility in the market. 🏎️📊 I got distracted for just a second and missed the ideal 'exit', but coming back with these green numbers is the best trophy. 🥂✨
📉 $NAORIS Holding my short position. I've already opened my entry at $0.142, anticipating the historical ceiling. My margin is well-calculated to withstand a possible rise up to the $0.15 - $0.16 zone, where the price has already corrected strongly twice before.
I trust the resistance of that technical wall. If it hits that level, I'm expecting the massive rejection we've seen in the past. 🛡️🐻
$BR has had a massive move today. Here’s my trading plan for both scenarios:
📈 LONG Scenario (Bullish Continuation)
If the price breaks and holds above the current resistance with volume.
Entry: 0.1680 - 0.1700 USDT
TP1: 0.1760 USDT TP2: 0.1850 USDT
Stop Loss: 0.1580 USDT
Logic: The price is making higher highs. If it surpasses the recent high of 0.17221, the next target is in the price discovery zone.
📉 SHORT Scenario
If we see rejection in the area of 0.1720 or the RSI starts showing bearish divergence.
Entry: 0.1630 - 0.1650 USDT
TP1: 0.1500 USDT TP2: 0.1410 USDT (MA25 Support)
Stop Loss: 0.1750 USDT
Logic: After a 90% rise, a technical correction towards the 25-period moving average (MA25) is very likely to seek liquidity.
⚠️ Risk Management: Use moderate leverage (3x-5x recommended) and always respect the Stop Loss. The market is very volatile! #BRUSDT #TradingSignals #BinanceSquare
📈 The price keeps climbing in a parabolic move and has reached $97.23 (+14.08%). We're significantly extended from the major moving averages, which increases the likelihood of a technical correction.
📉 Short Strategy: We're keeping an eye out. We might be facing an excellent short entry opportunity under two scenarios:
Entry Now: Taking advantage of the test around $97 to catch the beginning of the pullback towards the EMA7 (~$89.76).
$100.00 Zone: If the momentum continues, the psychological level of $100 will be the key resistance zone where strong selling pressure is likely to kick in.
Risk Management: 🛡️ Stop Loss: We'll set it now at $99.10 (if you enter now) to protect against a "fakeout" before hitting $100. If you wait for $100, the SL should be at $102.50.
🎯 Take Profit: Primary target at $89.80 and secondary target in the $80.00 zone.
⚠️: The sentiment is strongly bullish. Don't try to guess the exact top without strict risk management. Trading against the trend requires discipline!