MBOX/USDT: Eyeing 1:3 Risk-to-Reward After Securing 1:2 Target
The MEW/USDT pair has successfully reached the 1:2 risk-to-reward target as anticipated. After encountering resistance at 0.1817 and retracing to 0.1665 , the pair entered a consolidation phase before resuming its upward movement. This setup signals more than just recent success; it paves the way for a potential 1:3 risk-to-reward opportunity.
For traders who have already taken profits at the 1:2 level, there is still room for further gains. With momentum building and key technical indicators in alignment, the possibility of achieving a 1:3 reward ratio is now within sight. Holding onto positions could lead to even greater returns as the pair aims for its next target.
