$ETH
Given the 15-minute timeframe and 50x leverage, focus on short-term price movements and high-liquidity zones. Here’s a structured approach:
Entry Price:
Bullish Entry: 1794.39 (current price) Bearish Entry: 1780.47 (recent low)
Target Price:
Bullish Target: 1836.716 (Fibonacci R1) Bearish Target: 1516.506 (Fibonacci S2)
Stop Loss:
Bullish Stop Loss: 1780.47 (recent low) Bearish Stop Loss: 1842.99 (recent high)
Risk Management:
With 50x leverage, even small price movements can result in significant gains or losses. Ensure strict adherence to stop-loss levels to avoid liquidation. Allocate only 1-2% of your portfolio to this trade to manage overall risk exposure.