$BAKE

/USDT Trade Strategy: Riding the DeFi Wave💯💥

Entry:

Buy around 0.2500–0.2520, near the current price, targeting a potential bounce.

Targets:

🎯 Target 1: 0.2600 - First resistance, ideal for partial profit-taking.

🎯 Target 2: 0.2700 - Mid-level resistance, aiming for continued upward momentum.

🎯 Target 3: 0.2800 - Near the 24h high, perfect for final profit-taking.

Stop Loss:

Set stop loss at 0.2400 to minimize downside risk.

Setup:

Trend: Short-term bearish but room for a potential rally in the DeFi sector.

Volume: Moderate volume, indicating potential for price movement.

Risk Management: Use trailing stops after hitting Target 1 to lock in profits.

This strategy aims to capture a possible recovery while managing risk effectively in the DeFi market.

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