NAKA trading in the $1.15 - $1.30 area of major support. 📈 Chart Analysis:
Major support zone identified. 🔄 Longing Strategy:
30% Allocation: Long position with 30% of trade funds in the $1.15 - $1.30 support area. 30% at Breakout: Allocate another 30% after the price breaks the descending resistance line from early December. Remaining 40% on Retest: Deploy the remaining 40% on a positive retest of the resistance line. ⚖️ Risk Management:
Stop Loss: Set at $1.12. Take Profit Areas: $1.59 and $2. 📣 Conclusion:
Strategic longing plan with gradual fund allocation based on key chart patterns. Risk management in place with specified stop loss and take profit levels. Trade wisely! 📈💡 #NAKA #TradingStrategy #CryptoMarket 🌐📊