โ๏ธ๐น NAKA Trading Strategy ๐๐
๐ Current Market Status:
NAKA trading in the $1.15 - $1.30 area of major support.
๐ Chart Analysis:
Major support zone identified.
๐ 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.
โ๏ธ Risk Management:
Stop Loss: Set at $1.12.
Take Profit Areas: $1.59 and $2.
๐ฃ 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! ๐๐ก #NAKA #TradingStrategy #CryptoMarket ๐๐
NAKA trading in the $1.15 - $1.30 area of major support.
๐ Chart Analysis:
Major support zone identified.
๐ 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.
โ๏ธ Risk Management:
Stop Loss: Set at $1.12.
Take Profit Areas: $1.59 and $2.
๐ฃ 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! ๐๐ก #NAKA #TradingStrategy #CryptoMarket ๐๐