$FLOKI is trading at $0.000015.
Suggested Long Position Strategy:
Entry Point: Consider entering a long position around the current price of $0.0000155.
Target: Set a target price at $0.000018. This level represents a potential 20% upside from the current price, which could be reached if the bullish breakout continues.
Stop Loss: Place a stop loss at $0.0000135 to limit potential losses if the market moves against you. This level is approximately 10% below the current price and helps manage risk.
Key Points to Consider:
Leverage: Using 10x leverage can significantly amplify gains but also increases the risk of losses. Ensure you're comfortable with this level of risk.
Buy Order Strategy: Splitting your buy order into two parts can reduce entry risk and allow you to take advantage of any dips in price.
Breakout Pattern: The 90-degree breakout indicates a strong potential for upward movement, supporting a bullish outlook.