$SAND /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.6866
- Resistance Levels: $0.7018, $0.7400
- Support Levels: $0.6600, $0.6264
Trade Setup:
- Long Entry: $0.6866
- Target 1 (TP1): $0.7018
- Target 2 (TP2): $0.7400
- Stop Loss (SL): $0.6600
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, typically 1-2% of your trading capital.
Summary:
We are looking for a long trade on $SAND/USDT due to a bullish breakout above the $0.6866 level. The price has shown strong upward momentum, breaking past previous resistance levels. The targets are set at $0.7018 and $0.7400, with a stop loss at $0.6600 to manage risk effectively. This setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈📊
Happy Trading! 🚀📈