Entry Zones: Buy Zone: 0.77-0.79 (Current Support) Why: - Historical support level - High volume node - Bottom of consolidation range - Aligned with 0.236 Fib
Take Profits: TP1: 0.84 (Range Top) - 40% position TP2: 0.86 (Break of Range) - 40% position TP3: 0.89 (Previous Structure) - 20% position
Risk Management ⚠️: • Stop Loss: 0.77 (Below current structure) • Position Size: Max 5% of total portfolio • Risk:Reward = 1:2.5
Key Reasons for Entry: 1. Price stabilizing after major drop 2. Clear range formation (0.79-0.82) 3. Multiple CHoCH patterns showing selling exhaustion 4. Strong volume support at current levels
Warning Signs to Exit ❌: • Break below 0.77 • Volume spike with bearish candles • Loss of range structure
Bonus Tip 💡: DCA (Dollar Cost Average) approach recommended in current range: • 25% at 0.79 • 25% at 0.78 • 50% at 0.77
#SpotTrading #POPCAT #Accumulation #CryptoTrading
Remember: Always manage risk first, profits second. This is analysis, not financial advice.