š $NFP USDT BULLISH SPIKE ā IS THE PUMP JUST STARTING?
$NFP just printed a massive bullish candle, surging to a high of 0.0666 before retracing to 0.0591 (+7.07%). This volatility indicates strong buying interest, though current pullback shows profit-taking pressure after the spike.
š Key Levels:
Resistance: $0.0620 and major at $0.0666
Support: $0.0570 and strong at $0.0539 (24h low)
Current Price: $0.0591
šÆ Trade Setup:
Long Entry: Above $0.0600 confirmation
Take Profit 1: $0.0620
Take Profit 2: $0.0655
Stop Loss: $0.0575
š” Short Market Outlook: NFPUSDT shows bullish momentum after breaking the intraday downtrend, but the rejection from $0.0666 highlights strong seller presence above. For continued bullish play, price must hold above $0.0570 and reclaim $0.0600 quickly.
ā ļø Risk Management: Always risk only 1-2% of your capital per trade and adjust position size according to stop-loss distance to protect your account from sudden reversals.
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