🚀 $AERGO /USDT: IS A BREAKOUT ON THE HORIZON OR IS A PULLBACK INCOMING? 💯
The $AERGO /USDT pair is currently trading at $0.1351, holding near a crucial support zone. After recent sideways price action, traders are watching closely for either a breakout above resistance or a retracement to test lower levels. This presents a great opportunity for well-timed entries.
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🔍 Trade Scenarios with TP and SL
📈 Bullish Scenario: Breakout Above $0.1380
Entry: $0.1385
Take Profit (TP): $0.1450 | $0.1500
Stop Loss (SL): $0.1300
Outlook: A breakout above the $0.1380 resistance could trigger a bullish surge, targeting higher levels in the near term.
📉 Bearish Scenario: Retest of $0.1300 Support
Entry: $0.1295
Take Profit (TP): $0.1250 | $0.1200
Stop Loss (SL): $0.1370
Outlook: A rejection at resistance could lead to a pullback toward the $0.1300 support zone, offering an opportunity to short the market.
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💡 Market Outlook
$AERGO/USDT is at a critical point, with the potential for either bullish continuation or a pullback. The key price action around $0.1380 will be essential in determining the next move. Traders should keep an eye on volume and risk management strategies to maximize potential profits.
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