BINANCE:ERDUSDT seems to have a strong support near $0.0021 zone and right now it struggles to hold it and rises again. I think it may be a good situation to enter a trade on this token. So a good entry point may be around $0.002250 to $0.002300 (green rectangle) and the stop loss should be around $0.002195 to $0.002225 (almost 2.4% to 3.3%) (yellow rectangle) accordingly. the exit zone can be beyond $0.002390 with at least 4.0% profit.
EP = $0.002250 to $0.002300 SL = $0.002195 to $0.002225 (2.4% to 3.3%) TP = $0.002390 (~ 4.0%)
Note
we have already passed our first target and almost more than 8.0% profit made in less than 12 hours. the trading setup is still active.
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.
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.