Entry Point: $0.0010020 Stop Loss (SL): $0.0010400 Take Profit 1 (TP1): $0.0009500 Take Profit 2 (TP2): $0.0009000
Market Analysis: SPELL/USDT is showing a bearish divergence after a significant price surge of +23%. Resistance at $0.0010400 aligns with selling pressure, making this an optimal short setup.
Risk Management: Ensure your SL is set at $0.0010400 to cap losses and maintain a 1:2.5 risk-reward ratio. Gradual TP exits are recommended to lock profits at key support levels.
Recommendation: Monitor trade volume and stay vigilant about sudden bullish breakouts. Adjust SL to breakeven once TP1 is reached.
Focus: Capitalize on market retracement opportunities with discipline and precision.
Entry Point: $0.0010020 Stop Loss (SL): $0.0010400 Take Profit 1 (TP1): $0.0009500 Take Profit 2 (TP2): $0.0009000
Market Analysis: SPELL/USDT is showing a bearish divergence after a significant price surge of +23%. Resistance at $0.0010400 aligns with selling pressure, making this an optimal short setup.
Risk Management: Ensure your SL is set at $0.0010400 to cap losses and maintain a 1:2.5 risk-reward ratio. Gradual TP exits are recommended to lock profits at key support levels.
Recommendation: Monitor trade volume and stay vigilant about sudden bullish breakouts. Adjust SL to breakeven once TP1 is reached.
Focus: Capitalize on market retracement opportunities with discipline and precision.