🚀 $STORJ /USDT Long Trade Setup
The price has just pushed past the recent resistance at 0.1038 with a significant increase in volume. This suggests a continuation of the upward trend.
📉 Trade Details
Entry Price: 0.1051 (Current Market Price)
Alternative: Wait for a slight pullback to 0.1045 for a better risk-to-reward ratio.
Take Profit (TP):
TP1: 0.1085 (Short-term resistance)
TP2: 0.1120 (Psychological level/Previous high)
Stop Loss (SL): 0.1025
Reasoning: Placing the SL just below the recent swing low and the breakout candle ensures the trade is invalidated if the price falls back into the previous range.
#STORJUSDT #TradingSignals #BinanceSquareTalks #Analysiscrptoking #crypto
The price has just pushed past the recent resistance at 0.1038 with a significant increase in volume. This suggests a continuation of the upward trend.
📉 Trade Details
Entry Price: 0.1051 (Current Market Price)
Alternative: Wait for a slight pullback to 0.1045 for a better risk-to-reward ratio.
Take Profit (TP):
TP1: 0.1085 (Short-term resistance)
TP2: 0.1120 (Psychological level/Previous high)
Stop Loss (SL): 0.1025
Reasoning: Placing the SL just below the recent swing low and the breakout candle ensures the trade is invalidated if the price falls back into the previous range.
#STORJUSDT #TradingSignals #BinanceSquareTalks #Analysiscrptoking #crypto