$FLOCK /USDT LONG SETUP
Reason: The 4-hour chart displays a powerful bullish reversal. After carving out a solid bottom near 0.05548, the price exploded upward in a massive impulsive wave, peaking at a local high of 0.07585. It is currently experiencing a healthy retracement and attempting to establish support around the 0.07074 level. This structure suggests buyers are gearing up for another leg higher. Because successful trading is often 10% strategy and 90% mindset and psychology, it is essential to stay disciplined and wait for a clean entry on this pullback rather than chasing the top of that massive green wick. This type of explosive momentum is exactly the kind of setup that drives high engagement and excellent technical discussion on Binance Square.
Entry: 0.06850 - 0.07050
TP 1: 0.07300
TP 2: 0.07585 (Retest of the recent extreme swing high)
TP 3: 0.08000 (Major psychological resistance level)
Stop Loss: 0.06450 (Below the mid-point of the massive bullish impulse candle to protect against a deeper correction and invalidate the immediate continuation)
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