$DIONE/USDT is showing promising signs of continuing its uptrend. The chart reveals a breakout from two key descending triangle patterns, suggesting further bullish movement shortly.

DIONE is currently trading at 0.008192 USDT, reflecting a 13% increase.

Two Scenarios:

- Scenario 1 (S1):

If the price maintains stability at this level, we could see a bounce that propels the price higher.

- Scenario 2 (S2):

This level is critical for sustaining the overall bullish trend. A retest at this level can provide an optimal entry point.

Historical patterns show strong price movements, with previous breakouts delivering gains of 2,510% and 602%.

This suggests the potential for future targets at the upper resistance level of $0.0436, which represents nearly 432% gains from the current market price.

Trade Idea:

Buy 30% at the current market price (CMP) and wait for one of the scenarios above to play out:

Entry: $0.0062 to $0.0082

Targets: $0.0122, $0.0167, $0.0265, $0.0295, $0.0322, $0.0387, $0.0432

Stop Loss (SL): No specific stop-loss; the aim is to accumulate as low as possible.

Keep a close watch on these levels for potential entries. A retest of Support 2 could present a favourable opportunity to position yourself in the market.

My maximum bids are placed at the same level while I am already holding a bag.

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