2. $GARI$ - Bullish

GARI exploded by +70% within 4hrs on news about partnering up with Aptos. The spike is now experiencing a retracement and saw initial rejection above the 50% level which coincides with a previous supply zone. To get a better PL ratio and based on projections from RSI, I am expecting some consolidation above the 61.8% Fibonacci Retracement level [0.671] before another leg up. If this plays out, I expect a 45% - 55% return with 10% risk of loss.

The Super-Short-Term Play: 3-7 Days
4.39-to-1 PL Ratio.
Entry: 0.06871; Target: 0.10000 [45.5%]; SL: 0.06158 [10.4%].

Hourly Resistance Zones

1. 0.7289 - 0.7387
2. 0.7432 - 0.7562
3. 0.7747 - 0.8001

Hourly Support Zones

1. 0.7049 - 0.6871
2. 0.6827 - 0.6666
3. 0.6449 - 0.6027

TA Methodologies:

1. Demand&Supply Theories [Price Momentum]
2. Fibonacci Retracements & Extensions [SR Zones]
3. Trendlines [Breakout]
4. RSI [Movement Strengths]

Please do your own research and risk no more than what you can afford.

I never risk more than 5% of funds on each trade and am a perpetual futures trader.
My analysis is based on 14 years of experience trading the markets and is subject to my opinion. You've been warned. #DYOR