Open Loot: A low-cap coin worth considering.Open Loot is a newly launched Web3 gaming token, and after a prolonged downtrend, it has finally shown a strong rebound of 220% over the past couple of weeks.
The price is currently trending above a key support level (previously a resistance), and with a slight retest, it’s likely to begin its next rally soon. I’m expecting at least a 10x gain from this token in the coming quarters.
Strategy:
~ Accumulation: $0.055 to $0.066 (Any lower entry will be a plus point).
~ Short-term target: $0.15.
~ Mid-term target: $0.28.
~ Long-term target: $0.55.
Note: Always do your own research and analysis before investing.
Regards,
Dexter.
Openloot
OL/USDT Long Re-entry signal
On February 15th, we received an entry signal when the PSAR turned bullish. On February 18th, the PSAR was hit, signaling an exit. On February 22nd, the day closed above the initial entry level from February 15th. This gives us a potential opportunity to enter again since we had a close above the original entry signal. You can enter now or wait for the daily close; it’s your choice.
However, there is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or potential profit-taking opportunities.
Thank you!