[Closed] – PYPL – [Bias: Long] – [Trade Type: Swing / Position]
  • Entry: Current levels inside demand (57.68–58.82)
  • Stop: 56.46 (hard invalidation)
  • Target(s):
Reasoning:
Price is trading directly into a higher-timeframe demand zone at 56.51–58.94, with a nested demand forming inside that range at 57.68–58.82. This places PYPL at a clear make-or-break location after an extended selloff.
Recent price action has been objectively weak, with prior demand levels failing to hold, which is why this setup is based strictly on location and risk control, not trend strength. As long as price holds above 56.46, buyers have an opportunity to defend demand and rotate price back toward prior structure.
A clean break and acceptance below 56.46 would signal failure of demand and invalidate the bullish thesis.
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2 comments
Albert Wang
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[Closed] – PYPL – [Bias: Long] – [Trade Type: Swing / Position]
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