$STRAX /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Current Price: $0.08967
- Resistance Levels: $0.09119, $0.10306
- Support Levels: $0.08600, $0.07262
Trade Setup:
Long Entry:
- Entry Point: $0.08967
- Take Profit (TP): $0.10306
- Stop Loss (SL): $0.08600
Risk Management:
- Risk/Reward Ratio: 1:4
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 1-2% of your trading capital.
Summary:
We are looking for a long trade on $STRAX/USDT due to a potential bullish breakout. The price is currently consolidating near the support level of $0.08600 and is showing signs of upward momentum. A break above the resistance level of $0.09119 could lead to a significant price increase towards the next resistance at $0.10306. This setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈💸
Happy trading and may the market be in your favor! 📈💸
Hope this helps! If you need any adjustments or have more requests, feel free to ask 😊