$THE š„ BULLISH MOMENTUM š„
Token: THE
Current Price: $0.3715 USDT
24h Volume: $5.37 million USDT
Market Sentiment: Mildly bullish with low-to-mid liquidity
Note: THE is a low-cap or mid-cap token, so expect higher volatility.
šÆ THE Fibonacci Trading Strategy
š¹ Strategy A: Buy the Dip (Retracement Entry)
ā Entry Zone:
Between $0.3623 (38.2%) and $0.3517 (61.8%)
š Entry Confirmation:
Bullish hammer or engulfing candle
RSI near 40ā50 and turning up
Volume increase on bounce from Fib level
šÆ Targets:
T1: $0.3732
T2: $0.3890 (Swing High)
T3: $0.4025 (Fibonacci extension 1.272)
T4: $0.4160 (Fibonacci extension 1.618)
š Stop Loss:
Below $0.3435 (78.6% Fib)
Or 3ā4% below entry price
Risk Management Tips
Risk only 1ā2% of capital per trade
Use smaller position sizes due to moderate liquidity
Trail stops once T1 is hit to secure gains
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š Summary
> šÆ Buy Dip Zone: $0.3623 ā $0.3517
š Breakout Level: $0.3890
š Targets: Up to $0.4300
š Stops: Below $0.3435 or per setup
š Volume: Watch for volume above $7M to confirm breakout strength