ALU Long Spot Trade Opportunity
Market Context:
Altura (ALU) has delivered an impressive rally and is now poised for a healthy retracement to retest the previous resistance as support at the $0.08 zone. This setup offers a solid risk-to-reward opportunity if price holds this level.
Trade Details:
Entry Zone: Around $0.08
Take Profit Targets:
$0.16
$0.24
Stop Loss: Daily close below $0.07
This setup capitalizes on ALU's pullback to support, aiming to catch the next upward expansion. 📈
Altura (ALU) has delivered an impressive rally and is now poised for a healthy retracement to retest the previous resistance as support at the $0.08 zone. This setup offers a solid risk-to-reward opportunity if price holds this level.
Trade Details:
Entry Zone: Around $0.08
Take Profit Targets:
$0.16
$0.24
Stop Loss: Daily close below $0.07
This setup capitalizes on ALU's pullback to support, aiming to catch the next upward expansion. 📈
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