$ORDI /USDT BULLISH BREAKOUT IMMINENT ๐
Key Levels:
- Resistance: $24.81
- Support: $24.00
- Current Price: $24.45
Trade Setup:
- Long Entry: $24.50
- Take Profit (TP): $25.50
- Stop Loss (SL): $24.00
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking for a bullish breakout trade on $ORDI/USDT. The price has recently broken above the resistance level of $24.00 and is currently consolidating. A potential entry at $24.50 with a target of $25.50 offers a good risk/reward ratio. The stop loss is set at $24.00 to manage downside risk. This setup is based on the recent bullish momentum and the expectation of continued upward movement.
Happy Trading! ๐๐ธ
Hope this aligns with your needs! If you need any adjustments or have other requests, feel free to ask ๐