👀 $TTAN
#NASDAQ 12h | AI Analysis |
finorabot.com1
- I expect further downside unless price manipulates below the most recent swing low at 58.01 and sharply reverses. If this happens with a strong reversal signal, a bounce toward 64.35 and possibly 69.95 is likely.
-.95 or above and fails to break higher (with a clear sign of rejection), expect another leg down, retesting lower support at 64.35 and 58.01.
- My bias will shift to bullish only if price reclaims and holds above 69.95 on strong momentum and closes above it, targeting 83.45 next.
- Example entry for a long: Wait for price to sweep below 58.01, then spot a bullish engulfing on the 2h or 4h chart as confirmation before entering. Target 64.35 and 69.95, with the stop below the lowest swing.
- Example entry for a short: If price rallies to the 69.95–83.45 zone and gets rejected with a bearish engulfing or long upper wick, enter short. Target 64.35 and 58.01, with the stop above the swing high.
- Patience is key—wait for confirmation signals like strong wicks, bullish or bearish engulfing patterns, or a break of structure on lower timeframes before entering.
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