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Based on the analysis of the daily market chart, the price is currently showing strong support at $120.00. For long trades, consider entering at approximately $122.00, with a target of $128.00. Set a stop loss at $119.00 to limit potential losses.
On the other hand, if the price breaks below $115.00, consider a short entry at around $114.50, targeting a profit level of $110.00. The stop loss for this short position should be placed at $116.00.
Make sure to keep an eye on market news and trends to adjust your strategy as needed. Risk management is key for successful trading.#TeslaTransferBTC #BinanceLabsInvestsLombard #SCRSpotTradingOnBinance
