📈 $NTRN / USDT Long Setup (4H)
The Thesis:
After a sustained downtrend from the $0.0154 highs, $NTRN is currently attempting to build a base. The price has found a solid floor at the $0.0115 level, forming a local accumulation zone. We are looking to position ourselves near this bottom support in anticipation of a relief rally or a broader structural reversal.
Direction: LONG 🟢
Optimal Entry Zone: $0.0116 - $0.0119
(Scaling in near the current market price and the bottom of this consolidation range).
Stop Loss (SL): $0.0113 (4H close below)
(If the price breaks and holds below the recent 0.0115 low, the bottoming thesis is invalidated, and we cut the trade).
Swing Targets:
TP1: $0.0130 (First major lower-high resistance and liquidity pool)
TP2: $0.0139 (Previous structural support which will now act as heavy resistance)
TP3: $0.0147 (Macro swing target back toward the previous range highs)
Trade Execution & Mindset:
Trading is 10% strategy and 90% mindset and psychology. Catching falling knives can be risky, so strict risk management is non-negotiable here. Let the setup play out, honor the stop loss if the $0.0115 support fails, and don't let emotions dictate your position sizing.
