$APP Long Setup – Bullish Reversal Attempt off Key Support

27 juin

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?

30 juin

Transaction en cours

8 juil.

Note

Still long - adding to position here