$MEW is up a massive 22%, but DON'T chase the pump! đ Here is my exact plan to catch the next explosive wave safely. đ
đą Long Setup-
đ Entry â $0.0004900 - $0.0005000
đŻ TP1 â $0.0005200 (+4.0%)
đŻ TP2 â $0.0005500 (+10.0%)
â Final Target â $0.0006000 (+20.0%)
â SL â $0.0004350 (-13.0%)
đ Plan: Once TP1 hits, stop loss moves straight to entry â no exceptions. The rest of the position runs with zero risk.
đȘ Why I'm taking this: MEW had a massive vertical run and has been consolidating beautifully over the last few hours. The best part? The RSI has cooled down perfectly to a neutral 60 from extreme overbought levels. The price is currently resting right on the short-term moving average support. If buyers step in here around $0.00050, the next leg up could be explosive.
â ïž One thing to respect: High-volatility asset â size your position carefully and always respect the stop loss.
$MEW #cryptotrading #TradeSetup
đą Long Setup-
đ Entry â $0.0004900 - $0.0005000
đŻ TP1 â $0.0005200 (+4.0%)
đŻ TP2 â $0.0005500 (+10.0%)
â Final Target â $0.0006000 (+20.0%)
â SL â $0.0004350 (-13.0%)
đ Plan: Once TP1 hits, stop loss moves straight to entry â no exceptions. The rest of the position runs with zero risk.
đȘ Why I'm taking this: MEW had a massive vertical run and has been consolidating beautifully over the last few hours. The best part? The RSI has cooled down perfectly to a neutral 60 from extreme overbought levels. The price is currently resting right on the short-term moving average support. If buyers step in here around $0.00050, the next leg up could be explosive.
â ïž One thing to respect: High-volatility asset â size your position carefully and always respect the stop loss.
$MEW #cryptotrading #TradeSetup