MATIC - 4H Chart Analysis - Trading Inside the channel
#MATIC/USDT #Analysis Description --------------------------------------------------------------- + The price is currently trading within a channel and has successfully bounced back from the lower boundary. + A strong breakout from this channel could drive the price higher. + We can enter a long trade at the current price and place the stop-loss (SL) below the support zone. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.4240 Stop Loss: 0.3851 ------------------------------ Target 1: 0.4491 Target 2: 0.4783 Target 3: 0.5036 Target 4: 0.5604 ------------------------------ Timeframe: 2H Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
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