Cryptorphic

#CELR/USDT 800% Potential Profit.

Long
BINANCE:CELRUSDT   Celer Network / TetherUS
#CELR/USDT Trade Setup - Mid and Long Term

This trading opportunity primarily focuses on the spot market, although it's also suitable for accumulation in futures with conservative leverage.

Technical Analysis (TA): Having recently breached the long-term trendline resistance that dates back to September 2021, the asset has overcome approximately 805 days of resistance. This breakout signals a promising opportunity, and the strategy involves gradual accumulation during market dips.

Entry Points: Initiate positions between the price range of $0.019 to $0.024, taking advantage of favorable market conditions during pullbacks.

Targets: For futures trading with a range of 15% to 40% potential profit, consider the following long-term targets:

1. $0.029
2. $0.042
3. $0.0484
4. $0.054
5. $0.064
6. $0.076
7. $0.095
8. $0.122
9. $0.175

I might go as high as 10x from here but considering the tokenomics, I think 5x to 8x is a decent target.

Stop Loss: Implement a stop-loss order at $0.0157 to manage risk and protect capital in case the market doesn't follow the anticipated trajectory. Adjustments can be made based on market conditions and individual risk tolerance.

This trade plan emphasizes a patient and strategic approach, laddering into positions during market corrections. Always stay informed about market developments and be prepared to adapt the strategy as needed.

DYOR, NFA

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Thank you

#PEACE

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