$TRADOOR – Consolidation Breakout Imminent, Bulls Eyeing New Highs
Trading Plan: Long $TRADOOR
Entry: 8.240 – 8.275 SL: 7.820 TP 1: 8.390 TP 2: 8.650 TP 3: 8.930
Analysis:
TRADOOR is showing strong bullish momentum on the 4H timeframe. After a recent peak near 8.78, the price has successfully established a higher floor. The SuperTrend remains firmly green, and the MACD is showing a fresh bullish crossover, indicating that the upward trend is regaining strength.
The RSI(6) is at 77, showing high buying interest, while the order book depth reveals a massive wall of "Ask" orders—suggesting that once the immediate resistance is cleared, we could see a rapid move toward the 8.93 target. Sellers are losing grip, and the structure is perfectly set for a continuation.
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