āš $PIEVERSE : The Range Scalp Setup is Primed! š
āAfter an aggressive spike toward the 0.52 resistance, $PIEVERSE has cooled off and is currently finding its footing in the 0.49 ā 0.50 consolidation zone. While the immediate momentum has slowed, the technical structure suggests a "Range-Based Reaction" is brewing right above a critical support floor. š
āš Why This Matters?
āControlled Pressure: Despite the pullback, selling volume is decreasingāindicating stabilization rather than a breakdown.
āKey Pivot: The 0.490 ā 0.485 area is the line in the sand. If buyers hold this level, we are looking at a rapid mean-reversion bounce back to the highs.
āRisk/Reward: The setup offers a very tight invalidation, making it an ideal high-leverage scalp.
āš Strategic Scalp Plan:
āPosition: LONG š¢
āEntry Zone: 0.490 ā 0.498
āStop Loss (SL): 0.482 š (Clear invalidation on a 15m close below)
āLeverage: 20x ā 40x (Use with caution!)
āMargin: 2% ā 5%
āšÆ Profit Targets (TP):
āTP1: 0.505 (Initial Resistance - Secure partials here!)
āTP2: 0.515 (Range Top)
āāļø Pro-Trader Tip:
āDon't chase green candles. Wait for the price to settle into the entry zone. Once TP1 is hit, move your Stop Loss to entry to ensure a "risk-free" ride to the final target. š”ļø
āAuthor: Nabiha Noor
Support the Signal: Like & Follow for the next high-conviction trade! š
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