TradeMaster_Insights

BLZ Analysis: Identifying Key Support Levels and Potential Growt

Long
BINANCE:BLZUSDT   Bluzelle / TetherUS
Greetings, friends. Today we are analyzing the #BLZ. I've marked a strong support level and we can see that the price has been pushed below this level. I assume that the goal of a major player has been accomplished, and we will see growth again. It’s possible to join this movement, and I’ve marked the risk zone in red—this is where you can add to your position, but you need to understand the math you're working with. Alternatively, you can wait for the price to reach this area before opening a position, but this way you’ll miss out on many good movements, though fewer stop-losses will be triggered. I’ve marked the targets. We take profit in parts while shifting the stop to break-even. Risk management is crucial. Trading is not a casino!

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