Long spot trade at the break and retest of $10.00 resistance on a 4HR candle. 🎯 Take Profit Levels:
First target: $11.30 - $12.00 Second target: $16.00 - $17.00 🛑 Stop Loss:
Just below $9.50 to manage downside risk. 📊 Strategy Rationale:
Taking advantage of breakout momentum with a confirmation retest strategy. Targets set at key resistance levels for potential profit-taking. Tight stop loss to manage risk in case of a reversal. 📉📈 Note: Monitor price action closely for confirmation and adjust strategy accordingly. #DOT #TradingStrategy #Breakout 🟢📊
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