I’m watching $PTB pressing into an oversold reversal area after a heavy downside move. If buyers step in here and volume rotates back, we could see a sharp relief bounce. The structure favors a quick, clean upside with a tight invalidation and a strong reward profile.
💥 Trade Setup:
Entry Zone: 0.001215 – 0.001235
Stop Loss: 0.001165
Targets:
• TP1: 0.001290
• TP2: 0.001345
• TP3: 0.001410
🔍 Why this works:
Price is at an oversold level, meaning sellers are exhausted. The level we’re entering has historically attracted buyers, and if volume confirms, this setup has a favorable risk-to-reward ratio. The stop is tight to limit losses if the support fails.
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