$Opportunity to enter a buy trade!
Pair DODO/USDT
- The price was in an upward trend throughout the session.
- Daily resistance levels were exceeded, and prices managed to reclaim the support level at 0.0515 USDT.
- Consolidation around the level of 0.0520 USDT indicates the possibility of continued upward momentum if buyers maintain their strength.
Trade setup:
- Entry area: 0.0520 – 0.0530 USDT
- Targets:
- TP1: 0.0550 USDT
- TP2: 0.0580 USDT
- Stop loss: 0.0500 USDT
Market expectations:
- The bullish market structure is still intact.
- Trading volume is higher on green candles, supporting continued buying pressure.
- Buying opportunities can be exploited if the price continues to firmly exceed the 0.0520 USDT barrier.
Professional tip: Book your profits early at TP1 and move your stop loss to protect your gains amid market fluctuations.