This is an excellent RRR, indicating a favorable setup.
Considerations 1. Market Conditions: • Is the trend aligned with your long position? • Any strong resistance near the TP level? 2. Position Sizing: Ensure that your position size aligns with your overall risk management strategy (e.g., risking 1-2% of account capital). 3. Execution: • Confirm low slippage and liquidity for TON/USDT around your limit price. • Watch for unexpected volatility. 4. Technical Analysis: • Are there bullish indicators (e.g., moving averages, RSI, MACD) supporting this setup? • If your TP is near a significant resistance level, monitor price action carefully as it approaches.
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