MBOX | Very clear trade setup

Apr 17, 2023

#MBOX/USDT

- The price has been consolidating for a few weeks. We have higher swing lows in the daily chart.
- If buyers can keep the price above 0.564, it will be possible to add long positions to the active trades.
- but now there is a possible chance for a retracement before breaking the current resistance level.
- A breakout below 0.439 will give a reason to cut down the bullish volume.

🟢Entry price: from now at 0.518 to 0.474

🎯Targets:
|> 0.591
|> 0.66
|> 0.756

🔴Stop-loss: Daily candle closes under 0.439

➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3%

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