Dec. 23 at 12:41 AM
$FSLY – SMC Edge Play 🎯
📊 Weekly TF | LuxAlgo Smart Money Concepts
Structure:
✅ Multiple CHoCH confirmed — bulls reclaiming control
✅ Price holding above CM Ultimate MA (
$9.14)
✅ RSI 61 — momentum building, not overbought yet
Key Levels (Fib Extension):
🔹 Current:
$10.71
🔹 1.0 target:
$12.59
🔹 1.618 Equilibrium:
$15.46
🔹 Premium zone:
$20+ (2.618–3.618 extensions)
The Setup:
Price broke out of accumulation range. If bulls hold
$9–
$10 support, next impulse targets
$12.50–
$15.50. Premium zone (
$20+) only comes into play on major catalyst.
⚠️ Below
$9.14 = invalidation. Watch for BOS to the downside.
TL;DR: Structure shifting bullish. Not a moonshot — but swing traders watching
$12–
$15 zone. Long-term holders eyeing equilibrium reclaim.
📌 Risk mgmt > hopium.
Chart: WaverVanir_International_LLC | Not financial advice.
#FSLY #SmartMoneyConcepts #SwingTrade #EdgeComputing