XAI Buy at Support – Bullish Daily + Golden Ratio Alignment
2024-11-26
Category: gaming



Analysis  
This trade idea is based on the bullish daily trend and a flip of support to resistance. The entry zone aligns with the Golden Ratio (0.618 Fibonacci Retracement), offering a strong confluence for a potential bounce.  

- Asset Pair: XAI/USDT  
- Timeframe: 4HR
- Key Levels:  
  - Entry: 0.2638  
  - Stop Loss: 0.2447  
  - Target: 0.3574  

- Risk-to-Reward Ratio: 4.88  
- Additional Note: Trailing stop loss can be applied to secure profits as the trade progresses.  

 Risk Management  
The stop loss is tightly set at 0.2447, ensuring a defined risk for a high 4.88 R:R ratio.  

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 Disclaimer  
This idea is for educational purposes only and is not financial advice. Trading involves significant risks. Always perform your own analysis and consult with a licensed professional before executing trades.  

