TradingOn

$DEFI/USDT 1h (#BinanceFutures) Falling channel breakout

Long
BINANCE:DEFIUSDTPERP   DEFI / TetherUS PERPETUAL FUTURES
DeFi Composite Index looks ready for short-term recovery after regaining 50MA support.

https://www.binance.com/en/futures/fundi...

Current Price= 2177.1
Buy Entry= 2176.3 - 2150.3
Take Profit= 2258.6 | 2356.2 | 2474.0
Stop Loss= 2098.9

Risk/Reward= 1:1.5 | 1:3 | 1:4.82
Expected Profit= +26.46% | +53.52% | +86.16%
Possible Loss= -17.64%

Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 6x
Estimated Gain-time= 5 days

Always manage risk accordingly and respect leverage!

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