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$ERN /USDT Spot Trade Signal: Breakout Opportunity! 🔥
1. Asset: ERN/USDT
2. Entry Zone: $2.42 - $2.45 (during consolidation)
3. Target Price (TP):
TP1: $2.55 (First Resistance)
TP2: $2.65 (Extended Profit)
4. Stop Loss (SL): $2.34 (below key support level)
5. Risk-Reward Ratio: ~1:2.5
6. Technical Outlook: Recent 7.95% surge indicates renewed bullish interest, supported by strong volume and price stability above $2.40.
7. Strategy:
Enter on minor dips to $2.42-$2.45.
Scale out at TP1 and hold a partial position for TP2.
8. Indicators in Favor: Strong breakout from oversold zones with improving MACD and RSI signals.
9. Risk Management: Limit exposure to 2-3% of capital for a safer trade.
10. Caution: Monitor for high volatility near resistance levels.
#CryptoSignals #ERNUSDT #SpotTrading #AltcoinBreakout #CryptoStrategy $ERN