Don't Miss This Trade
Trade Details:
- *Pair:* $KAIA /USDT
- *Current Price:* $0.1759
- *24h High:* $0.1800
- *24h Low:* $0.1401
Trade Plan:
1. *Entry:* Consider entering the trade at the current price of $0.1759 or slightly above if the upward momentum continues.
2. *Stop Loss (SL):* Set the stop loss at $0.1650 to limit potential losses if the price drops.
3. *Take Profit:*
- *First Target:* $0.1850, just above the recent high of $0.1800. This is a reasonable target given the current momentum.
- *Second Target:* $0.1950, providing a further upside potential if the bullish trend continues.
Rationale:
- The recent price action shows a strong bullish move, supported by increasing volume.
- The RSI values indicate overbought conditions, but given the strong trend, there is potential for further upside.
Risk Management:
- Ensure that the trade size is appropriate for your risk tolerance.
- Monitor the trade closely, especially around the take profit and stop loss levels.
Good Luck