#StopLossStrategies Ideal Buy Range: $114 – $117

This is a strong support zone where price has bounced previously.

Aggressive Entry: Around $118–$119, if you're confident it will break resistance at $124 soon.

Stop-Loss: $110

Place a stop-loss just below major support to protect capital.

Exit Plan (Profit Targets):

Target 1: $124 (First resistance) → Partial profit or move stop-loss to break-even

Target 2: $130 (Next resistance) → Take more profits

Target 3: $147 (Major resistance) → Full exit or trail stop to ride further if bullish momentum continues

Risk Management:

Only risk 1–2% of your capital per trade.

Use position sizing based on your stop-loss distance. For example:

Buying at $116 with a $110