$CHESS /USDT Bullish Breakout Analysis 🚀
Key Levels to Watch:
Current Price: $0.2101
Resistance Levels:
$0.2114 (24-hour high)
$0.2150 (next significant resistance)
Support Levels:
$0.2050 (immediate support)
$0.2000 (strong support zone)
Trade Plan:
Entry Point: $0.2092 (current price)
Target Profit (TP):
TP1: $0.2150
TP2: $0.2200
Stop Loss (SL): $0.2050
Risk Management Tips:
Risk/Reward Ratio: Aim for a 2:1 ratio for a balanced trade.
Position Sizing: Limit your trade to 2-3% of your total trading capital to reduce risks effectively.
Trade smart and stay disciplined! 📊
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