NAVI Long Trade Setup
Current Situation:
Trend: NAVI has been on an uptrend since May 15th.
Support Level: NAVI is currently at a support level and appears to be holding.
Trade Strategy:
Entry Point: Enter a long trade at $0.2660.
Take Profit Targets:
First Target: $0.2950
Second Target: $0.3220
Third Target: $0.3500
Stop Loss: Set just below $0.2491 to manage risk.
Summary:
NAVI's uptrend since mid-May presents a long trade opportunity as it holds its current support level. Entering at $0.2660 allows for potential gains with take profit targets at $0.2950, $0.3220, and $0.3500. A stop loss at $0.2491 helps mitigate potential downside risks.
Trend: NAVI has been on an uptrend since May 15th.
Support Level: NAVI is currently at a support level and appears to be holding.
Trade Strategy:
Entry Point: Enter a long trade at $0.2660.
Take Profit Targets:
First Target: $0.2950
Second Target: $0.3220
Third Target: $0.3500
Stop Loss: Set just below $0.2491 to manage risk.
Summary:
NAVI's uptrend since mid-May presents a long trade opportunity as it holds its current support level. Entering at $0.2660 allows for potential gains with take profit targets at $0.2950, $0.3220, and $0.3500. A stop loss at $0.2491 helps mitigate potential downside risks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.