TradingOn

$SRM/USDT 2h (Binance Futures) Falling wedge breakout and retest

Long
TradingOn Updated   
Serum has broken bullish an dis pulling back, let's open a position on the 50MA retest.

Current Price= 5.3087
Buy Entry= 5.2948 - 5.1540
Take Profit= 5.9621 | 6.7300 | 7.6760
Stop Loss= 4.6990

Risk/Reward= 1:1.4 | 1:2.87 | 1:4.67
Expected Profit= +28.24% | +57.64% | +93.86%
Possible Loss= -20.12%

Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active:
▶️$SRM/USDT 2h: Trade active, all entries filled

#Serum dipped a bit more than expected but still looking good for a bounce here if market allows it!


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