Trade Setup: $MAV /USDT
Direction:LONG (Bullish Bias)
Strategy:(Pullback to Support / Breakout Retest)
Timeframe:Swing Trade (1-4 days)
Exit Strategy (Take Profit)
Take Profit 1 (TP1): $0.0690 - $0.0700 (Partial profit taking near the 24h high)
Take Profit 2 (TP2): $0.0715 - $0.0720 (Targeting the next resistance level seen on the chart)
3. Risk Management (Stop-Loss)
Stop-Loss (SL): $0.0605
Placed just below the key support cluster (Bollinger Band middle line and the $0.0616 level). A break below this invalidates the bullish structure and suggests a retest of the main support at $0.0576.
4. Trade Summary & Risk-Reward Ratio (RR)
* Entry (approx): $0.0630
* TP (approx): $0.0715
* SL (approx): $0.0605
* Potential Profit (Risk Multiple):** $0.0085
* Potential Loss (Risk): $0.0025
* Risk-Reward Ratio: 1:3.4 (This is an excellent risk-reward ratio, meaning you're risking $1 to make $3.40).