Based on the chart you've shared for #ZORAUSDT (Perpetual) on the 4-hour timeframe, here’s a simple futures trade setup
Trade Setup (Long Position)
Time Frame: 4H
Entry Price: $0.02300 (Current market price)
Stop Loss: $0.02050 (below recent support zone, offering some protection)
Take Profit 1: $0.02600 (first resistance area)
Take Profit 2:$0.02950 (approaching previous highs)
Risk-Reward Ratio
TP1: RR ≈ 1.2
TP2: RR ≈ 2.0+
(You can trail your stop loss once TP1 is hit)
Additional Notes
Price seems to have bounced from $0.01635 support and is consolidating.
A breakout above $0.0235 with volume could trigger further upside.
Keep you eye on RSI data