$KAIA /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.2209
- Resistance Levels: $0.2229, $0.2300, $0.2400
- Support Levels: $0.2100, $0.2000
Trade Setup:
Long Entry:
- Entry Point: $0.2210
- Take Profit (TP):
- TP1: $0.2300
- TP2: $0.2400
- Stop Loss (SL): $0.2100
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, typically risking 1-2% of your trading capital.
Summary:
We are looking for a long trade on $KAIA/USDT due to a bullish breakout from a consolidation pattern. The price has broken above the resistance level at $0.2200, indicating potential upward momentum. The target levels are set at $0.2300 and $0.2400, with a stop loss at $0.2100 to manage risk effectively. This setup offers a favorable risk/reward ratio, making it an attractive trade opportunity. 🚀📈
Happy Trading! 🚀
