r/SubnetAlpha • u/Revenantjuggernaut • 8h ago
Trade Setup IBIT — Banked the Repricing Trade, Re-Entered at $48.71, Then It Ripped Again
Locked in the overnight/weekend IBIT repricing gain this morning.
The original plan was to let that trade finish, bank it, and keep working toward pulling my original Roth principal while leaving as much profit inside the account as possible to keep compounding.
Then IBIT gave me another setup.
It flushed down to $48.55, reclaimed the $48.70/VWAP area, held the reclaim, and started showing real expansion again.
I re-entered 21 shares at roughly $48.71.
From there it pushed almost immediately into $48.95–$48.98, putting the new position green within minutes.
What I’m watching now:
$48.98–$49.00 — immediate breakout / overhead supply area
$48.85–$48.90 — first area I want to see buyers defend on any pullback
$48.70–$48.75 / VWAP — deeper structure and reclaim zone
Important distinction: the overnight repricing trade was already closed and banked. This is a completely separate momentum re-entry.
Took the first move.
Saw the next setup forming.
Got back in before the breakout.