Currency $V Trading Alert 💹
Consolidation. Suggested.
Entry range: 354.4206-357.8394
Stop loss: 352.7112
Targets: 359.6913, 362.5403, 366.1016
Technical analysis: The current trend is just annoying to look at. The two EMA lines are stuck together like they’re half-asleep—there’s basically no meaningful crossover around 356.43 and 356.80. RSI is 41.6, weak and lethargic on the ground. The longs don’t have strength, and the shorts aren’t pressing either; it’s just grinding. Calling it “consolidation” is giving it credit—it’s likely just bouncing within roughly 352.7 to 358. There’s no volume on both sides; entering would just be donating trading fees to the exchange. Set the stop loss at 352.71—if it breaks, run honestly, don’t argue with the order book. Anyway, I’ve decided to lie low and wait for it to choose a direction on its own. Entering right now is basically asking for a beating.
Suggested stop-loss level: 352.711152. Please adjust your position size according to your own risk preference
#V
Consolidation. Suggested.
Entry range: 354.4206-357.8394
Stop loss: 352.7112
Targets: 359.6913, 362.5403, 366.1016
Technical analysis: The current trend is just annoying to look at. The two EMA lines are stuck together like they’re half-asleep—there’s basically no meaningful crossover around 356.43 and 356.80. RSI is 41.6, weak and lethargic on the ground. The longs don’t have strength, and the shorts aren’t pressing either; it’s just grinding. Calling it “consolidation” is giving it credit—it’s likely just bouncing within roughly 352.7 to 358. There’s no volume on both sides; entering would just be donating trading fees to the exchange. Set the stop loss at 352.71—if it breaks, run honestly, don’t argue with the order book. Anyway, I’ve decided to lie low and wait for it to choose a direction on its own. Entering right now is basically asking for a beating.
Suggested stop-loss level: 352.711152. Please adjust your position size according to your own risk preference
#V