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Huang Yu | TRADOOR/USDT Long: Oversold Rebound Bullish 🐉
Long Logic: 1-Hour chart shows that after experiencing a sharp decline, the price is now showing signs of stabilization at a low level and attempting to form a bottom. Although the moving average system (MA7, MA25, MA99) still shows a bearish arrangement, the current price zone is oversold, and a technical rebound is expected to test the upper resistance levels. If the price can hold above the entry point, the short-term outlook is bullish towards the previous consolidation zone.
Direction: Long (Long)
Entry Point (Entry): Around 2.28917
Stop Loss (SL): 1.60477
Take Profit (TP): 3.44033
Reminder: Market volatility is intense. Please strictly execute stop-loss orders and control your position size according to your risk tolerance!🧧