CLOV Trade Setup: Entry at $3.05, SL at $2.96!
This chart highlights a CLOV trade setup on the 30-minute timeframe. The entry point is at $3.05, with a stop-loss (SL) set at $2.96 to manage risk. The setup targets a potential breakout above the descending trendline, aiming to test key resistance levels:
Target 1 (T1): $3.14
Target 2 (T2): $3.25
The strategy ensures a favorable risk-to-reward ratio while capitalizing on potential upward momentum. This setup focuses on technical analysis for precise entry and exit points.
Target 1 (T1): $3.14
Target 2 (T2): $3.25
The strategy ensures a favorable risk-to-reward ratio while capitalizing on potential upward momentum. This setup focuses on technical analysis for precise entry and exit points.
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