RNDRUSDT to head up for daily resistance zone
Updated
The price has broken down from daily support and now it is trading under daily resistance 1 zone. The price has a probability to aim for the daily resistance 1 zone around 1.206. It will then pushed back by the resistance. We will see how is the rejection from there to figure out next probable direction of the price action.
Note
The long has been filled at the entry 1.09. However, the price action does not look good as it has fell below 1.08 level as that was not expected. Now this trade is invalidated for the target mentioned in the original post. The stop loss remains the same at 1.058 level, however, exit point has changed to 1.125 which is also 1h resistance zone.Trade closed: stop reached
This trade went in wrong direction. Already was clear after it did not move as expected and fell below 1.08 level as that invalidated the trade idea. Usually do not trade this coin but I will get hang of it slowly. Closing this idea as the idea got invalidated.
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