$USUAL /USDT BULLISH BREAKOUT IMMINENT;
check the trade setup;
take entry after the break of structure!
Key Levels:
- Current Price: $1.0423
- Resistance Levels: $1.0767, $1.3981
- Support Levels: $1.0000, $0.8753
Trade Setup:
- Long Entry: $1.0767
- Take Profit (TP): $1.0767, $1.3981
- Stop Loss (SL): $0.8753
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 2% of your trading capital.
Trade Summary:
We are looking for a bullish breakout in the $USUAL/USDT pair. The price has recently broken above a key resistance level at $1.0000 and is currently trading at $1.0423. With the next resistance at $1.0767 and a potential target of $1.3981, this setup offers a favorable risk/reward ratio. The stop loss is placed below the recent support at $0.8753 to protect against downside risk. This trade is based on the expectation of continued upward momentum and a breakout above the current resistance levels. 📈🚀