$BNB #SolvProtocolMegadrop #DEXVolumeRecord #BitcoinInSwissReserves #BTCMiningPeak #BTCMiningPeak Professional Trading Analysis for THE/USDT
Long Trade Setup
Entry Zone: $1.60 - $1.62
Target 1: $1.68
Target 2: $1.75
Stop Loss: $1.55
Observation: A reversal from the support zone around $1.60 indicates potential upside momentum. Consider entering long positions cautiously.
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Short Trade Setup
Entry Zone: $1.65 - $1.67
Target 1: $1.58
Target 2: $1.52
Stop Loss: $1.70
Observation: Price faces resistance near $1.65. A rejection in this area could provide shorting opportunities.
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Additional Insights:
Price is currently testing a key support zone. The overall trend suggests caution.
Risk management is essential; always trade with stop-loss levels to minimize potential losses.
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