#TradingStrategyMistakes suggestion for setting a Take Profit (TP) and Stop Loss (SL):

📊 Current Price: 0.007876 USDT

🔼 Recent High (Resistance): 0.007750

🔽 Recent Low (Support): 0.007750

✅ Take Profit (TP) Suggestion:

TP1 (Conservative): 0.008100 — Just above the recent high.

TP2 (Aggressive): 0.008500 — Psychological round number and potential breakout level.

❌ Stop Loss (SL) Suggestion:

SL1 (Tight): 0.007650 — Just below the 7-period MA (0.007668).

SL2 (Safe): 0.007740 — Below the recent swing low (0.007750).

📈 Risk-Reward Ratio: