$JTO /USDT Trade Setup (future)
Leverage: 20 to 30x
Ratio: only 5% of portfolio
Trade Type: Long (Buy)
• Entry Price: $2.30
• Stop-Loss (SL): $2.20
• Take-Profit (TP) Levels:
• TP1: $2.38
• TP2: $2.45
• TP3: $2.50
Trade Rationale:
• Trend: Uptrend or consolidation phase; expecting a breakout.
• Risk-Reward Ratio: Favorable with at least 1:2 risk-reward.
• Market Condition: If volume supports upward momentum, price can reach TP levels.
Indicators for Confirmation:
1. RSI (14): Should be above 50 but not overbought (>70).
2. MACD: Look for a bullish crossover for confirmation.
3. Moving Averages (MA): Price staying above 50 EMA indicates bullish strength.
4. Volume: Higher volume on breakout increases the probability of reaching TP levels.
Trade Execution & Risk Management:
• Entry Strategy: Buy at $2.30, preferably near support or after a breakout confirmation.
• Stop-Loss Strategy: Keep SL strict at $2.20 to limit downside risk.
• Take-Profit Strategy:
• Partial profit at $2.38, move SL to breakeven.
• Further profits at $2.45 & $2.50, trailing stop to lock in gains.
#BinanceAlphaAlert #USTariffs #SaylorBTCPurchase #BTC☀ #JTO/USDT