MATIC - 4H Chart Analysis - Trading Inside the channel

#MATIC/USDT #Analysis
Description
---------------------------------------------------------------
+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.4240
Stop Loss: 0.3851
------------------------------
Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
------------------------------
Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo