$DIA TRADE IDEA š”Buy & Sell Setup |
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#DIA/USDT 4H Chart Strategy:
Chart Analysis:
- The price has recently broken above $0.95, suggesting bullish momentum.
- There is a clear support level at $0.7249, with resistance around $1.30.
- The RSI is nearing overbought territory but still shows upward momentum, indicating the possibility of further gains.
Strategy:
Bullish (Long) Setup:
- Entry: After a confirmation close above $1.30, or on a pullback to $0.95.
- Stop Loss: Set below $0.95.
- Take Profit:
- TP1: $1.50.
- TP2: $1.70.
Bearish (Short) Setup:
- Entry: If the price fails to sustain above $1.30 and closes below $1.20.
- Stop Loss: Above $1.30.
- Take Profit:
- TP1: $0.95.
- TP2: $0.7249.
Risk Management:
- Leverage: Up to 3x.
- Risk: Keep risk to 1-2% of capital with a 1:2 risk/reward ratio.
