$APP Long Setup – Bullish Reversal Attempt off Key Support
Applovin (
APP) is attempting to base and reverse off the lower range of its cloud structure after a sharp pullback from highs above $400. Price is holding just under the cloud but showing early signs of curling higher. Despite bearish MACD pressure, momentum is beginning to decelerate, and a bounce here could offer strong upside.
Current setup offers a 2.83 risk/reward:
Entry: $341.03
Stop: $308.00 (below recent low)
Target: $434.44 (back to breakdown zone)
This is a countertrend play unless the price can reclaim and hold above the cloud. If it clears $360–$370 with volume, it opens the door to $400+. For now, this is a speculative long with a tight invalidation point and plenty of upside.
Are you buying this bounce or waiting for trend confirmation?
APP) is attempting to base and reverse off the lower range of its cloud structure after a sharp pullback from highs above $400. Price is holding just under the cloud but showing early signs of curling higher. Despite bearish MACD pressure, momentum is beginning to decelerate, and a bounce here could offer strong upside.Current setup offers a 2.83 risk/reward:
Entry: $341.03
Stop: $308.00 (below recent low)
Target: $434.44 (back to breakdown zone)
This is a countertrend play unless the price can reclaim and hold above the cloud. If it clears $360–$370 with volume, it opens the door to $400+. For now, this is a speculative long with a tight invalidation point and plenty of upside.
Are you buying this bounce or waiting for trend confirmation?
Dagangan aktif
Nota
Still long - adding to position here 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.