Applovin (
APP) is attempting to base and reverse off the lower range of its cloud structure after a sharp pullback from highs above $400. Price is holding just under the cloud but showing early signs of curling higher. Despite bearish MACD pressure, momentum is beginning to decelerate, and a bounce here could offer strong upside.
Current setup offers a 2.83 risk/reward:
Entry: $341.03
Stop: $308.00 (below recent low)
Target: $434.44 (back to breakdown zone)
This is a countertrend play unless the price can reclaim and hold above the cloud. If it clears $360–$370 with volume, it opens the door to $400+. For now, this is a speculative long with a tight invalidation point and plenty of upside.
Are you buying this bounce or waiting for trend confirmation?
APP) is attempting to base and reverse off the lower range of its cloud structure after a sharp pullback from highs above $400. Price is holding just under the cloud but showing early signs of curling higher. Despite bearish MACD pressure, momentum is beginning to decelerate, and a bounce here could offer strong upside.Current setup offers a 2.83 risk/reward:
Entry: $341.03
Stop: $308.00 (below recent low)
Target: $434.44 (back to breakdown zone)
This is a countertrend play unless the price can reclaim and hold above the cloud. If it clears $360–$370 with volume, it opens the door to $400+. For now, this is a speculative long with a tight invalidation point and plenty of upside.
Are you buying this bounce or waiting for trend confirmation?
Trade aktif
Catatan
Still long - adding to position here 
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If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.