TIA Swing Long Opportunity
📊 Market Sentiment
Market sentiment is bullish, fueled by the FED restarting rate cuts. We’ve seen a 0.25 BPS cut in September, with expectations for two more consecutive 0.25 cuts in the coming months. In addition, institutional liquidity flow into crypto has increased as the US officially adopted crypto as part of its international reserves. While inflation remains elevated, a weakening labor market is forcing the FED to ease policy, pushing liquid capital into risk-on markets.
📈 Technical Analysis
Price created a Daily Demand Zone at $1.70 and bounced, confirming its validity.
Price also broke the bearish trendline and closed multiple candles above, signaling further upside potential toward higher liquidity targets.
📌 Game Plan
I already entered the position after rejection at $1.70 and will manage it as a swing setup, targeting highs around $3 — a potential 70% expansion.
🎯 Setup Trigger
Validation came from the rejection at $1.70.
📋 Trade Management
Stoploss: Daily close below $1.30
Target: $3 (Potential 70% expansion)
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⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always DYOR before making any financial decisions.