setup for $D
/USDT*:
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*1. Coin Name*:
*DF/USDT*
*2. 24 Hours Change*:
*+14.28%*
*3. Targets*:
- *TP1*: 0.07871 (near the 7-period MA)
- *TP2*:0.07486 (support at the 99-period MA)
- *TP3*: 0.07371 (further support)
*4. Entry Time*:
- *Short Entry*: Enter if the price breaks below *0.08055* (7-period moving average), indicating a possible bearish trend.
*5. Stop Loss*:
- *Stop Loss*: Place the stop loss at *0.08266*, just above the high of the day and a clear resistance level.
*6. Take Profit*:
- *Take Profit (TP1)*:0.07871 (first support level)
- *Take Profit (TP2)*: 0.07486 (next major support)
- *Take Profit (TP3)*:0.07371 (further support zone)
*7. Maximum Profit*:
- *Maximum Profit*: If the price reaches *0.07371*, the maximum potential profit is approximately *9.10.08055*.
*8. Maximum Loss*:
- *Maximum Loss*: With a stop loss at *0.08266*, the maximum loss would be approximately *2.70.08055*.
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*Risk-Reward Ratio*:
- *Risk*: 2.7%
- *Reward*: 9.1% (TP3)
This setup gives a *Risk-Reward Ratio* of approximately *1:3.4*, which is favorable for shorting.
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