A trade plan for $SPELL!
Here's a breakdown of the plan:
*Entry:*
Buy $SPELL within the range of $0.0013-$0.0014 for a low-risk setup.
*Stop Loss:*
Set the stop loss at $0.0012 to limit potential losses.
*Profit Targets:*
Sell $SPELL progressively at the following targets:
1. $0.0015 (first target)
2. $0.0017 (second target)
3. $0.0020 (third target)
*Risk/Reward Ratio:*
Aim for a 3:1 risk/reward ratio, which means the potential profit should be three times the potential loss.
*Trade Management:*
After hitting the first target, move the stop loss to breakeven to lock in profits and minimize losses.
This trade plan seems to be a conservative approach, aiming to capitalize on a potential price increase while managing risk.
#MarketPullback #USTaxExemptionPlan #SPELLBullRun #SignalAlert $SPELL