The idea is to catch the 50% retracement of the current move—specifically the retracement. Therefore, it’s important to exit in parts, moving the stop to breakeven. If the coin continues its upward trajectory, the original scenario is invalidated.
❗️The risk/reward ratio is 1/14, so it's crucial to be cautious and follow risk management strategies.
🎯It’s recommended to wait for an entry point at $2.7 to minimize risks and maximize potential profits.
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