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$HOOD is holding firm above a key support region while volatility continues to tighten. This type of price compression often precedes a larger directional move, and bulls remain in control as long as support stays intact.
Trade Setup
Direction: LONG
Entry Zone: 112.62 – 113.99
Take Profit:
TP1: 118.36
TP2: 122.40
Stop Loss: 109.24
A breakout above 114.51 would add confidence to the bullish scenario. If that level rejects price, waiting for another reaction around 112.00 may offer a better confirmation.
Manage your position size carefully and stick to your trading plan.
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