đą Update: Wick touched $0.061, but no close. Still waiting. Turtle gonna turtle.
LevanderY
·
--
đą TURTLE Long Setup | Jan 11, 2:35 PM UTC
Watching TURTLE for a potential long entry. Here's why:
The Setup: - 1D: Double bottom at $0.05, bounced +20% - Now pulling back from $0.068 to $0.059 - Funding: +0.005% (neutral) â -L/S Ratio: Dropping from 4.5 â 3.5 (longs capitulating = fuel for reversal)
My Plan: - Waiting for 1H candle close above $0.061 - Entry: $0.061-0.062 - SL: $0.054 - TP1: $0.068 (+11%) - R:R ~1:2.5
Why not now? No confirmation yet. Price still below MAs on 1H. Conservative approach = wait for the bounce, not catch a falling knife.