$SHELL
๐ SHELL Trade Set-Up: The 0.20 Bounce! ๐
๐ Entry Point: $0.20
๐ก Trend Confirmation: Weโve spotted a strong support at $0.20. Letโs take advantage of this potential bounce and ride the momentum!
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๐ Stop Loss:
๐ Level 1 (Stop Loss): $0.18
๐ฅ Keep it tight! If price falls below $0.18, weโll exit to minimize risk.
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๐ฐ Take Profit Levels (TP):
๐น TP1: $0.24 (First targetโsecure some profits as the trend pushes upwards!)
๐น TP2: $0.28 (The next resistance levelโtime to scale out if things are moving fast!)
๐น TP3: $0.32 (Go for the big win! If it breaks through, the skyโs the limit!)
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๐ก Plan:
Monitor the market closely. If the price dips below $0.18, cut the position to prevent unnecessary losses.
As soon as TP1 hits, move stop loss to breakeven to lock in no-loss territory.
TP2 or TP3 hit? Scale out your profits and let the rest ride!
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๐ฅ Pro Tip: If price surges quickly, donโt be afraid to take profits earlier, but donโt miss the chance to let some of the position run if the trend looks solid! Always manage risk and stay disciplined.
๐ Let's go, SHELL! Time to make this trend work for us! ๐ฅ