trade setup
Pair: $ANKR /USDT
Exchange: Binance
Timeframe: 1H
Direction: Long (Buy on Dip)
Entry Zone: 0.00580 — 0.00600
Stop Loss: 0.00456
Risk: ~22%
Targets:
TP1: 0.00650
TP2: 0.00700
TP3: 0.00750
ANKR is up 34% today with 3.19B volume. That is serious buying pressure. Price spiked from 0.00456 to 0.00669 and is now cooling off slightly.
A healthy pullback to the 0.00580 — 0.00600 zone is the ideal entry. That area was previous resistance now acting as support.
Do not chase the current price. Wait for the dip. If price holds above 0.00580 on the next candle close the setup is valid.
ANKRUSDT
Perp.
0.005248
+1.66%