The idea is to catch a 10% correction of the current move—focusing specifically on the retracement. Therefore, it’s wise to exit in parts, gradually moving the stop-loss to breakeven. If the coin continues its upward trend, the original scenario will be invalidated.
❗️With a risk/reward ratio of 1/6, it’s crucial to be cautious and adhere to risk management strategies.
🎯It’s recommended to wait for an entry point at $0.8 to minimize risks and maximize potential profits.
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