Long $HOOD
Trade Levels
Entry Range: 84.35 – 84.50
Stop Loss (SL): 84.05
Take Profit (TP):
TP1: 84.90
TP2: 85.40
TP3: 86.20
Technical Confirmations (The Why)
Trend: Price is holding within a steady ascending structure on the intraday trendline.
EMAs: 20/50/100 EMAs are tightly aligned and acting as dynamic support.
Structure: Higher low formed after the pullback, keeping bullish structure intact.
Volume: Stable volume during consolidation, signaling absorption rather than distribution.
Catalyst: Clean retest and hold of the 84.30–84.40 demand zone before continuation.
Trade $HOOD here 👇
HOODUSDT
Perp
77.73
-4.04%