$NOT USDT - BULLISH BREAKOUT CONFIRMED! š
Here's a technical analysis of the NOTUSDT chart, showing a strong bullish continuation!
š Current Price: The current price is at $0.002196, indicating a significant upward movement.
š Key Levels:
* Support:
* The immediate support level has been established around the $0.002190 area, which was previously a resistance zone that has now been clearly broken and retested.
* A stronger support zone can be seen around $0.002140 - $0.002150, which acted as a solid demand area in the past.
* Resistance:
* The next significant resistance level to watch is around $0.002237. A successful break above this could lead to further upward momentum.
š„ Trade Setup - LONG:
Given the clear breakout and bullish momentum, a long position is highly favorable.
* Entry: Consider entering a long position around the current price of $0.002196 or on any slight pullback to the newly formed support around $0.002190.
* Targets (TP):
* TP1: $0.002210 (short-term target)
* TP2: $0.002237 (main target, based on previous highs and potential extensions)
* Stop Loss (SL): Place your stop loss below the recent breakout level, around $0.002170, to manage potential downside risk.
ā ļø Risk Management:
Always prioritize risk management! Allocate only a small portion of your capital (e.g., 1-2%) to each trade. Ensure you adhere to your stop-loss to protect your funds. Avoid over-leveraging. Trade wisely! š”ļø
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