$HOOD Long Trade Setup

​Entry Zone: $74.50 – $76.00 (Current price is roughly $76.02)

​Take Profit 1 (TP1): $83.50 (Recent resistance/consolidation level)

​Take Profit 2 (TP2): $89.00 (Testing the previous high before the dump)

​Stop Loss (SL): $68.00 (Just below the recent local low of $68.69)

​Reasoning

​1. Oversold Bounce Potential: The price dropped sharply from the $93 level to $68. After such a vertical decline, an "oversold" relief rally is common. We are seeing a "higher low" structure starting to form on the 4h timeframe.

Stop Lose Is Your Best Freind

Trade$HOOD Here👇

HOODUSDT

Perp

76.33

+0.35%

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