Trading Signals for $KOMA Koma Inu

Action: Long & Short Positions
Entry Range:
Long Position: $0.1600 - $0.1640
Short Position: $0.1850 - $0.1890

SL (Stop-Loss):
Long Position: Set at $0.1580
Short Position: Set at $0.1900

TP (Take-Profit):
Long Position: $0.1720 - $0.1760
Short Position: $0.1720 - $0.1680

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🚨Note: Trade at your own risk. DYOR.

KOMA is currently experiencing some price consolidation, with a 24-hour low of $0.1565 and a high of $0.1893. The recent price action indicates that the asset is oscillating within a narrow range, forming a potential consolidation pattern between $0.1565 and $0.1893. A breakout above $0.1890 could signal a bullish trend continuation, while a dip below $0.1600 could suggest a bearish reversal.

For scalping opportunities, you can take advantage of short-term volatility within the consolidation range. The long position entry should be around $0.1600 - $0.1640, with a target exit between $0.1720 and $0.1760. Alternatively, a short position can be initiated near the upper resistance range of $0.1850 - $0.1890, targeting a drop to around $0.1680 - $0.1720.

For risk management, it’s essential to use tight stop-loss levels to avoid significant losses due to sudden price swings.

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