TradingView
CryptoPatel
Mar 16, 2023 7:37 AM

MNW/USDT 30% Potential from Here as per Chart Long

Morpheus.Network / TetherKuCoin

Description

MNW/USDT Technical Analysis Overview:-

#MNW/USDT is currently trading at $1.978, having rebounded from the Support/Retest level. Based on the current market conditions, a bullish zone is being observed, prompting me to make a purchase at this point.

My entry level is between $0.190-$0.198, and my target is to achieve a 30% increase from my entry level. Specifically, my targets are set at $2.165, $2.348, and $2.493. To minimize my risk, my stop-loss order is placed at $1.83.

In terms of support and resistance levels, the support level is $1.88, while the resistance level is $2.12.

If you found this chart analysis helpful, please like and appreciate my hard work. Additionally, I recommend following me for more quality updates.

Thank you.
More