🔥 SNT/USDT Is On Fire 🔥 🔥 🔥

### 1. **Long Entry and Exit Points**

- **Entry**: Given the current price trend, a potential long entry could be around the MA60 level at **$0.03873**. This could serve as a support level based on recent movements.

- **Exit (Take Profit)**: Set an initial take profit around **$0.04100**. This level aligns with recent highs and could act as a resistance area.

- **Stop Loss**: Place a stop loss slightly below the support level, around **$0.03739** to minimize losses if the price drops.

- **Trade Duration**: This trade could be short-term, approximately **2-4 hours**, based on price momentum and volume.

### 2. **Short Entry and Exit Points**

- **Entry**: If the price fails to break above **$0.04100** and shows signs of reversal, a short entry around this level could be considered.

- **Exit (Take Profit)**: An initial take profit for a short position could be around **$0.03750**, as this level could serve as a support.

- **Stop Loss**: Set a stop loss above the recent high, around **$0.04150**, to avoid getting caught in an upward breakout.

- **Trade Duration**: Short-term, possibly **1-3 hours**, depending on bearish momentum.

### 3. **Contingency Plans (If Signals Go Against the Position)**

- **Plan A**: If the price reaches the stop loss level, close the trade immediately to avoid further losses.

- **Plan B**: If the price fluctuates around the entry level without a clear trend, consider closing the position to limit exposure.

- **Plan C**: If a clear reversal pattern (e.g., a bullish or bearish engulfing candle) forms, exit the trade regardless of take profit/stop loss levels.

- **Plan D**: Use a trailing stop after the price moves favorably by 1-2% to lock in profits, especially in volatile conditions.

These strategies should be monitored closely, as the volatile price action on SNT/USDT could require adjustments in real-time based on evolving technical indicators. #EthereumRally $SNT