๐ช Currency: EGL1 ๐ $EGL1 of #ALPH
Transaction Type: Spot Trading โก
๐ Entry Pivot Point: from 0.0350 to 0.0352 ๐
Targets:
๐ก First Target: 0.0365
๐ Second Target: 0.0370
๐ Note: At this level, it is advisable to move the stop loss to the entry point and monitor the movement carefully while watching the trading volume.
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Stop Loss Point: 0.0338 ๐
๐ Currency Analysis:
EGL1 currency has shown sharp liquidity movement towards the level of 0.0332 and then quickly rebounded to close again above 0.0350 โ which is a strong bullish signal suggesting that sellers may have been trapped at the bottom.
This candlestick pattern usually indicates a shift in momentum in favor of buyers, and with stability above 0.0350, an extension of the movement towards 0.0365 โ 0.0370 is expected, confirming a return of buying pressure in the short term.
๐ก Tip: Distribute your capital across several trades, and do not allocate more than 10% in each trade to ensure balanced risk management.
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โจ ๐๐ป. ๐๐ฑ๐ช๐ผ๐ผ๐ช๐ท โจ
#BNBBreaksATH #BinanceHODLerYB #FedRateCutExpectations #BinanceHODLerENSO
