Considering liqudity (see chart) this straddle looks like reasonable. But, straddle (money involved) is not very significant, so be careful.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with your own strategy, not in alone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.