🔹 Chart Setup
• Current Price: 0.7341 USDT
• Trend: Price has been recovering strongly after a bottom in June and is consolidating around the entry zone.
🔹 Key Levels
• Entry Zone: ~0.7341 USDT (current price is at entry).
• DCA (Dollar-Cost Average) Levels:
• 0.7229
• 0.6580
• 0.6082
• 0.5581
• 0.5117
• 0.5094
• Stop-Loss (SL): ~0.5094 USDT (below key support).
🔹 Take Profit (TP) Targets
• TP1: 0.8568
• TP2: 1.0023
• Final TP: 1.2994 – 1.3061
🔹 Trade Idea
• The setup is bullish, aiming for continuation of the uptrend.
• Risk management is built with multiple DCA support levels and a stop-loss under strong support.
• Reward-to-risk ratio looks favorable if price holds above entry and moves toward the TP zones.
• Current Price: 0.7341 USDT
• Trend: Price has been recovering strongly after a bottom in June and is consolidating around the entry zone.
🔹 Key Levels
• Entry Zone: ~0.7341 USDT (current price is at entry).
• DCA (Dollar-Cost Average) Levels:
• 0.7229
• 0.6580
• 0.6082
• 0.5581
• 0.5117
• 0.5094
• Stop-Loss (SL): ~0.5094 USDT (below key support).
🔹 Take Profit (TP) Targets
• TP1: 0.8568
• TP2: 1.0023
• Final TP: 1.2994 – 1.3061
🔹 Trade Idea
• The setup is bullish, aiming for continuation of the uptrend.
• Risk management is built with multiple DCA support levels and a stop-loss under strong support.
• Reward-to-risk ratio looks favorable if price holds above entry and moves toward the TP zones.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.