Trading Setup for PortalUSDT

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Trading Setup for PortalUSDT

A breakout has been observed in the PortalUSDT pair, signaling the potential for a significant upward movement. The market has recently broken above a key resistance level, followed by a retest of that level, presenting a solid opportunity for bullish trades.

Trade Entry and Targets:

⬆️ Buy Now or Buy on Pullback to 0.04500

🔴 Stop Loss (SL): 0.04000

🔵 Take Profit (TP1): 0.05400

🔵 Take Profit (TP2): 0.06000

🔵 Take Profit (TP3): 0.06300


Risk Management:

Set your stop loss at 0.04000 to limit potential losses in case the support does not hold.

The take profit levels are set at strategic points to capture gains as the price moves higher: 0.05400, 0.06000, and 0.06300.

Maintain a balanced risk-to-reward ratio by managing position sizes and entry points carefully.


Risk Warning:

🚨 Crypto trading involves high volatility and significant risk. Only trade with margin you are prepared to lose.

⚠️ Past performance does not guarantee future results. Please ensure proper risk management.


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Disclaimer: The information and setups shared are for educational purposes only and do not constitute financial advice. Always conduct your own research and analysis before making any trading decisions.

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.