🌟 Trade Idea: We're observing the RNDR/USDT perpetual contract on Binance. The price is currently showing signs of a potential reversal. We're targeting the **Sellside Liquidity** area for this setup.
💡 Key Levels: - Current Price: **$6.10** - **Sellside Liquidity** Zone: Around **$4.00-$5.00**
🔍 Trade Setup: 1. Wait for the price to tap into the **Sellside Liquidity** zone. 2. Look for bullish reversal signals within this zone.
🛠 Technical Indicators: - **FVG (W)**: Fair Value Gap on the weekly chart could act as support.
📅 Timeline: This setup is expected to play out over the next few weeks. Patience is key! ⏳
🔔 Action Plan: - 📉 If the price dips into the liquidity zone, be prepared for a potential entry. - 📈 Watch for confirmation of a reversal before entering a long position.
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