Target: Based on market sentiment and previous levels, aim for a target of around $3.00.
Stop Loss: Set a strict stop loss at $2.50 to mitigate risk.
Risk Management Strategy: Focus on maintaining risk limits of no more than 2% of total capital on this trade.
Diversification: Consider diversifying across multiple assets to reduce exposure.
Market Updated Sentiment: The current sentiment in the crypto market shows a cautious recovery, with traders closely monitoring macroeconomic indicators.
Risk-Reward Ratio: With a potential gain of $0.32163 ($3.00 target - $2.67837 entry) against a loss of $0.17837 ($2.67837 entry - $2.50 stop loss), the risk-reward ratio stands at approximately 1.8:1.
Be vigilant and stay updated on market dynamics as you engage with $CYBER .
Disclaimer: All investments involve risks, including the potential loss of principal. Past performance is not indicative of future results. Always do your own research, assess your risk tolerance, and consult a financial advisor before making any decisions. Trade responsibly.