#DayTradingStrategy $BANANAS31 on the 1-minute timeframe, here's a suggestion for setting a Take Profit (TP) and Stop Loss (SL):

๐Ÿ“Š Current Price: 0.007876 USDT

๐Ÿ”ผ Recent High (Resistance): 0.007750

๐Ÿ”ฝ Recent Low (Support): 0.007750

โœ… Take Profit (TP) Suggestion:

TP1 (Conservative): 0.008100 โ€” Just above the recent high.

TP2 (Aggressive): 0.008500 โ€” Psychological round number and potential breakout level.

โŒ Stop Loss (SL) Suggestion:

SL1 (Tight): 0.007650 โ€” Just below the 7-period MA (0.007668).

SL2 (Safe): 0.007740 โ€” Below the recent swing low (0.007750).

๐Ÿ“ˆ Risk-Reward Ratio:

If you enter at 0.007756:

TP1: Gain โ‰ˆ +0.30%

SL1: Risk โ‰ˆ -0.33%

TP2: Gain โ‰ˆ +1.57%

SL2: Risk โ‰ˆ -1.73%

Choose based on your trading style:

Scalper: TP1/SL1

Swing Trader: TP2/SL2