๐ Strategy Overview:
Condition: Price bounced from the $0.035 - $0.0385 support area.
Entry Criteria: Ladder into the trade within the support zone.
Targets: Aim for the next resistance levels at $0.043 - $0.045 or $0.049 - $0.051.
Risk Management: Set stop-loss just below $0.035.
๐ข Analysis: Considering BTC's overbought conditions, a cautious approach with spot trades and laddering can help manage risks effectively. Stay vigilant and adapt to market dynamics. ๐๐ #GALA #CryptoTrading #RiskManagement ๐ฐ๐
Condition: Price bounced from the $0.035 - $0.0385 support area.
Entry Criteria: Ladder into the trade within the support zone.
Targets: Aim for the next resistance levels at $0.043 - $0.045 or $0.049 - $0.051.
Risk Management: Set stop-loss just below $0.035.
๐ข Analysis: Considering BTC's overbought conditions, a cautious approach with spot trades and laddering can help manage risks effectively. Stay vigilant and adapt to market dynamics. ๐๐ #GALA #CryptoTrading #RiskManagement ๐ฐ๐