The sweep of the 0.0754 level has finally given way to a bullish resurgence in $HOLOUSDT, and we're seeing a clear shift in market structure as price probes the upper bounds of the OB+FVG Sandwich zone. Technically, we're looking at a bullish higher-time-frame (HTF) narrative, with the RSI hovering at 35 - a far cry from overbought territory. Volume is a tad light at 0.5x, but the SMC Score of 4.8/10 suggests there's still ample room for a meaningful move.
On the charts, we're seeing a confluence of factors coming together to form a compelling long setup. The order block at 0.0759 has been respectably held, and we're anticipating a push upwards towards our initial target.
Here are the trade levels:
- Entry: 0.07590
- Take Profit 1: 0.07751 (RR 1.7x)
- Take Profit 2: 0.07994 (RR 4.2x)
- Stop Loss: 0.07493
As we trigger our entry at 0.0759, keep a watchful eye on the order block and be prepared to manage risk. For those looking to ride the wave, now's the time to get on board.
Stay vigilant and let's ride this wave together!
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