$SHIB /USDT BULLISH BREAKOUT IMMINENT ๐
Key Levels:
- Current Price: 0.00002140
- Resistance Levels: 0.00002200, 0.00002256
- Support Levels: 0.00002100, 0.00002050
Trade Setup:
Long Entry:
- Entry Point: 0.00002150
- Take Profit (TP):
- TP1: 0.00002200
- TP2: 0.00002256
- Stop Loss (SL): 0.00002100
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 1-2% of your trading capital.
Summary:
We are looking for a long trade on $SHIB/USDT due to the bullish trend indicated by the ascending channel. The price is currently consolidating near the support level of 0.00002100 and is expected to break above the resistance at 0.00002200. This setup offers a favorable risk/reward ratio with clear targets and a well-defined stop loss. ๐๐
Happy Trading! ๐๐
Hope this aligns with your needs! If you need any adjustments or have other requests, feel free to ask ๐