Trading opportunity $ATM /USDT - Price range breakout in formation
The market exchange rate (ATM) shows strength indicators after stabilizing near the support level. The 15-minute chart indicates the potential for a price range breakout as the price starts to form higher lows near the resistance level.
Entry Price: 1.116
Target 1: 1.130
Target 2: 1.145
Target 3: 1.165
Stop Loss: 1.098
Be sure to manage risk by determining an appropriate size and a fixed stop loss level. Do not enter a breakout without a predefined exit plan. Risking a small percentage of your capital ensures protection from sudden reversals. Move the stop loss level as soon as the price reaches the first target to maintain $ATM