XVG Trading Plan 📈
✅ Buy Zone (Entry Zone):
You should buy XVG in the price range of $0.005200 – $0.005680 to achieve a low-risk trading setup.
⛔ Stop Loss:
Set the stop loss at $0.004890 to limit risk when the market goes against expectations.
🎯 Profit Targets:
Target 1: $0.006100 📍
(After the price hits target 1, move the stop-loss to breakeven to protect your capital.)
Target 2: $0.006600 🎯
Target 3: $0.007100 🚀
📊 Risk/Reward Ratio:
The trading plan aims for a ratio of 3:1 to optimize profit relative to the acceptable risk.
🔄 Trade Management Strategy:
Immediately after reaching target 1, adjust the stop-loss to the entry price (breakeven). This will help you "preserve capital" and maintain a more comfortable mindset for higher targets.