Hey everyone, check out this potential #DEGO trade setup (Spot)!
Here's the lowdown:
* Entry Zone: Look to buy between $2.40 – $2.55 for a good, low-risk entry.
* Stop-Loss: Set it at $2.30 to protect your capital.
* Profit Targets:
* Target 1: $2.70 (Once this hits, move your stop-loss to breakeven!)
* Target 2: $2.85
* Target 3: $2.99 🚀
* Risk/Reward: Roughly 3:1 – good potential upside with managed risk.
Strategy Notes: After Target 1 is reached, move your stop to your entry price and let the rest of your position ride. Don't forget to lock in those profits as things move!
Quick heads-up: DYOR – Do Your Own Research. This isn't financial advice, and crypto markets can be wild. Trade smart!