$AERGO /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.1352
- Support Level: $0.1291
- Resistance Level: $0.1503
Trade Setup:
- Entry: Long at $0.1352
- Take Profit (TP): $0.1503
- Stop Loss (SL): $0.1291
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, typically risking 1-2% of your trading capital.
Summary:
We are looking for a long trade on $AERGO/USDT due to a bullish breakout from the recent consolidation phase. The price has broken above the resistance level of $0.1349, indicating potential upward momentum. The target is set at the next resistance level of $0.1503, with a stop loss placed below the recent support at $0.1291 to manage risk effectively.
Happy Trading! 📈💸