MUSDT recently experienced a decisive break accompanied by major volume strength, followed by a well-defined 50% retracement. The market showed an excellent reaction from this level, confirming healthy demand and participation.
For optimal entry, waiting for a pullback to the 50% retracement of the engulfing candle could offer an ideal risk-reward setup. The primary target for this trade is the 161.8% Fibonacci extension, aligning with common extension targets.
Watch for sustained volume and confirmation signals—this setup has the potential for a powerful continuation if price respects the calculated retracement zone.
Trade smart and manage risk. Good luck! 🚀
For optimal entry, waiting for a pullback to the 50% retracement of the engulfing candle could offer an ideal risk-reward setup. The primary target for this trade is the 161.8% Fibonacci extension, aligning with common extension targets.
Watch for sustained volume and confirmation signals—this setup has the potential for a powerful continuation if price respects the calculated retracement zone.
Trade smart and manage risk. Good luck! 🚀
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.