$XPD USDT (Palladium)
Palladium has a more extreme RSI (16.4), making the potential for a "snap-back" bounce higher, though it is also more volatile.
Entry Zone: $1,825 – $1,845
Take Profit 1 (Primary): $1,880 (EMA7 retest)
Take Profit 2 (Extended): $1,921 (EMA14 retest)
Stop Loss: $1,800 (Psychological round number support)
Risk/Reward Ratio: ~1:2.2
Wait for 1H Confirmation: Do not enter "at market" immediately. Wait for the current 1-hour candle to close. If it closes as a "Hammer" or "Doji" (a small body with a long bottom wick), it confirms the entry signal.
Use Low Leverage: Given that Binance just launched 100x, the "wicking" (sudden sharp moves) will be intense. I recommend using 3x - 5x leverage max to avoid being "liquidated" by a temporary price spike.
Trailing Stop: Once the price hits TP1, move your Stop Loss to your Entry Point (Break-even) to ensure a "risk-free" trade for the remaining position.
High Risk Alert: The current charts show a "Parabolic Drop." In these scenarios, the price can sometimes "flag" (move sideways) before one final drop. If XPD breaks below $1,800, abort all long positions immediately.
#WhoIsNextFedChair #XPD #XPT #xptusdt #xpdusdt