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LedgerBull

$IAUON showing range-bound movement with no strong directional push.


Structure remains neutral with mixed control between buyers and sellers.

EP
90.30 - 90.80

TP
TP1
91.20
TP2
92.00
TP3
93.50

SL
89.80

Liquidity has been taken on both sides and price is consolidating within range. Any dip into the entry zone looks like a reaction into demand, with structure favoring upside continuation if resistance breaks cleanly.

Let’s go $IAUON ‌
IAUON-0,19%
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NfaKitchen
· 4h ago
Is there a specific key resistance level? If it's around 91 and in a dense trading zone, it might require repeated tugging.
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GateUser-517aed04
· 5h ago
I am more concerned about whether 91.2 can hold steady; if it can't, it will still be stuck grinding within the range.
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GateUser-c3de680b
· 5h ago
In this current structure of mixed buy and sell orders, the biggest risk is inserting pins up and down; don't be too aggressive with your positions.
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DAOBackbencher
· 5h ago
TP3 93.5 is a bit far; there will probably be many false breakouts on the way, so taking profits in batches is more stable.
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OwlMarketMonitoringLamp
· 5h ago
If the volume decreases again around 90.3 on the rebound, I also want to make a trade to TP1 first and take profits.
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StrollingOnTheEdgeOfTheDao
· 5h ago
Both sides' liquidity has been swept through, yet it remains sideways. It feels like we need to be more patient and wait for a clean breakout candle.
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QueueJumper
· 5h ago
This EP between 90.30-90.80 is quite clear, SL at 89.80 is also reasonable, and the risk-reward ratio is good.
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OldKeycapTrader
· 5h ago
The interval approach is acceptable; wait for the breakout confirmation.
View OriginalReply0

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