Signal Trading Summary
- Polygon (POL)
- Entry: $0.08307
- Stop Loss [SL]: $0.08056
- Take Profit [TP]
- TP1: $0.08559
- TP2: $0.08808
- Aave (AAVE)
- Entry: $99.74
- Stop Loss [SL]: $95.38
- Take Profit [TP]:
- TP1: $104.15
- TP2: $108.58
- Litecoin (LTC)
- Entry: $55.13
- Stop Loss [SL]: $55.81
- Take Profit [TP]:
- TP1: $54.44
- TP2: $54.13 – $53.77
1. Polygon (POL)
Tags: Layer-2
The price movement of POL showed signs of weakening selling pressure after touching the support cluster area in the range of $0.08101 – $0.08213. This zone is currently serving as a fairly solid area of immediate defense, marked by the start of a buying reaction.
As long as the price is able to survive and move steadily above the support area, the potential for strengthening is still open. The price increase is expected to test the nearest resistance at $0.08559, and if the momentum continues, the main target is at $0.08808.
Potential Buy/Long POL Setup:
- Entry: $0.08307
- Stop Loss [SL]: $0.08056
- Take Profit [TP]:
- TP1: $0.08559
- TP2: $0.08808
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
2. Aave (AAVE)
Tags: DeFi
AAVE’s price movement showed a positive response after touching the support area which is the RBS (resistance becomes support) at the $98 level. This zone proved to be quite solid as the nearest defense area, marked by a rebound after the previous selling pressure.
As long as the price is able to stay above the support level, the upside potential is still open. In this scenario, AAVE has the opportunity to retest the previous high at $104.15 as the nearest resistance.
A valid breakout above this level would be further confirmation of a bullish move. If the momentum continues, the next upside target is around $108.58.
AAVE Potential Buy/Long Setup:
- Entry: $99.74
- Stop Loss [SL]: $95.38
- Take Profit [TP]:
- TP1: $104.15
- TP2: $108.58
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
3. Litecoin (LTC)
Tags: Layer-1
The current price movement of LTC is still held back by a strong resistance area in the range of $55.34 – $55.71. The zone serves as a major barrier, where high selling pressure triggers price rejection and drives downward movement.
As long as the price has not been able to break the resistance area, the downside potential is still open. Therefore, short selling opportunities can be considered if the price rises again and tests the resistance area.
The ideal entry confirmation occurs when there is a rejection reaction at the resistance area, such as a rejection candle or a sign of weakening momentum, which indicates seller dominance.
Potential Sell/Short LTC Setup:
- Entry: $55.13
- Stop Loss [SL]: $55.81
- Take Profit [TP]:
- TP1: $54.44
- TP2: $54.13 – $53.77
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.