Myro / TetherLong
MYRO Long Spot Position (Reversal with 21 EMA Reclaim)
Market Context: MYRO is showing signs of reversal by reclaiming the 21 EMA for the first time since July and turning a key resistance line into support. This offers a promising risk-to-reward trade if the price continues moving upward.
Trade Setup:
Entry: Around $0.082.
Take Profit:
First target: $0.115
Second target: $0.16
Third target: $0.22
Fourth target: $0.26
Stop Loss: Daily close below $0.074.
This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal
Trade Setup:
Entry: Around $0.082.
Take Profit:
First target: $0.115
Second target: $0.16
Third target: $0.22
Fourth target: $0.26
Stop Loss: Daily close below $0.074.
This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.