🚨 $POL /USDT Trading Update 🚨
Current Price: $0.3847 📈
Resistance: $0.3900 Support: $0.3789
🔥 Trading Strategy:
Long Trade: Enter above $0.3900, aiming for the next resistance levels. Ideal targets can be set incrementally above this entry point.
Short Trade: Consider entering below $0.3789 if the price breaks this support, targeting lower levels progressively.
Stop Loss Levels:
For long positions: Place stop loss just below $0.3789 to minimize potential losses.
For short positions: Set stop loss slightly above $0.3900 to protect against upward price spikes.
🔑 Why This Matters: This chart highlights a tight trading range, providing clear boundaries for risk management and entry points. Engage in trades that align with these clear support and resistance markers to maximize effectiveness and control risk!
💡 Remember, successful trading is about making calculated moves based on well-defined strategies. Stay tuned for more updates and trade smart!
#POL #CryptoTrading #TechnicalAnalysis #Binance #SECAppealRipple