Professor Mike
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Bullish
$ANIME /USDT: Strong Support Holding Steady🔥💯
$ANIME /USDT is currently trading at $0.0887 and showing significant strength at the highlighted support zone around $0.0884. The price action suggests a potential upward move as it consolidates near support, indicating strong buyer interest.
Trade Setup
• Entry Price: $0.0887 (current level)
• Target Price: $0.1279 (resistance level)
• Stop Loss: $0.0790 (below the support zone)
Market Insight
The support at $0.0884 is holding well, providing a solid base for buyers. The consolidation in this area suggests a potential bounce toward the next resistance at $0.1279. This setup is favorable for traders aiming to capture a breakout move while maintaining a tight risk-reward ratio.
Risk Management
Stick to the stop loss at $0.0790 to protect against potential downside. With the target set near the $0.1279 resistance, this trade offers an excellent opportunity to capitalize on the stability and potential breakout momentum.
Monitor the price action closely for confirmation of upward movement and volume support to solidify the trend.
#ETHProspects #BinanceAlphaAlert
$ANIME /USDT is currently trading at $0.0887 and showing significant strength at the highlighted support zone around $0.0884. The price action suggests a potential upward move as it consolidates near support, indicating strong buyer interest.
Trade Setup
• Entry Price: $0.0887 (current level)
• Target Price: $0.1279 (resistance level)
• Stop Loss: $0.0790 (below the support zone)
Market Insight
The support at $0.0884 is holding well, providing a solid base for buyers. The consolidation in this area suggests a potential bounce toward the next resistance at $0.1279. This setup is favorable for traders aiming to capture a breakout move while maintaining a tight risk-reward ratio.
Risk Management
Stick to the stop loss at $0.0790 to protect against potential downside. With the target set near the $0.1279 resistance, this trade offers an excellent opportunity to capitalize on the stability and potential breakout momentum.
Monitor the price action closely for confirmation of upward movement and volume support to solidify the trend.
#ETHProspects #BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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close the short position and re enter in long position. make ur loss moderate then do short position
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