$NFP /USDT: Riding the Wave of Recovery in a Strategic Setup
Currently trading at 0.2737 USDT, $NFP /USDT exhibits signs of a potential recovery within the 15-minute time frame. With the 24-hour high at 0.2956 USDT and the low at 0.2464 USDT, this asset is showcasing bullish intent after bouncing off its support zone. Key levels to watch are support at 0.2673 USDT and resistance at 0.2763 USDT. A well-timed entry between 0.2725–0.2740 USDT offers an excellent risk-reward ratio.
Set the first target (TP1) at 0.2780 USDT, followed by TP2 at 0.2820 USDT, and a more ambitious TP3 at 0.2860 USDT. To protect capital, place a stop loss at 0.2690 USDT. The RSI at 45.28 indicates neutral momentum, giving room for further upside, while the MACD shows signs of stabilization.
This trade plan is ideal for short-term traders looking to capture quick movements while mitigating risks. Adjust stop loss to breakeven upon hitting TP1 to secure profits as the trade progresses.
