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Long on $MFT on a potential Inverse H&S

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Potential Inverse H&S playing out on the 4HR chart for MFT. For aggressive traders, you can buy now or on the break of the neckline. For more conservative traders, a break and retest of the neckline would be a good entry.

As usual, this trade depends on how BTC holds up. If BTC tanks, I would expect a retest of the previous low of 85 sats,
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Not liking how BTC and the market in general is looking. Iam out of this trade for now. Looking at 85 sats as a potential reentry. Be safe out there.
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Support at 93 sats held up well. Entered again at 95 sats. Set a stop loss at 92 sats. First target is 110 sats.
BTCChart PatternscryptoTechnical IndicatorsMFTTrend Analysis

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