Magic Eden SWING LONG
The price has finally broken the downtrend line, signaling a possible shift in market structure. I plan to sell at $33, a level that aligns with the 1.618 Fibonacci extension.
Stop Loss: Below recent lows.
Maximum recommended leverage: x5.
for the moment the breakout is positive, a rally or increased volatility before reaching the target would not be surprising. Risk management remains crucial.
Stop Loss: Below recent lows.
Maximum recommended leverage: x5.
for the moment the breakout is positive, a rally or increased volatility before reaching the target would not be surprising. Risk management remains crucial.
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