๐ด
$HIGH UPDATE๐
๐ด Evaluate Trend and Indicators:
The price is currently above the 7-day and 25-day moving averages, suggesting a short-term bullish trend.
The MACD histogram shows bullish momentum.
๐ด Set a Stop-Loss:
To protect against further losses, set a stop-loss slightly below a key support level, such as the recent low around 1.90 USDT.
๐ข Consider Partial Exit:
If the current position is too risky, consider closing a portion of your position to reduce exposure and potential loss.
๐ข Hold if Bullish Trend Continues:
If the bullish momentum continues, you might hold the position to recover some losses. Monitor the price action and moving averages closely.
๐ข Monitor Closely:
Watch for any signs of trend reversal or bearish signals. If the price starts to decline, be prepared to exit to minimize losses.
#HIGH #BinanceTournament #MicroStrategy #CryptoTradingGuide #CertiKvsKraken