$DAR /USDT Strong Bull Run Outlook Continue šÆ š„ š
Market Insight:
has surged by 33.86% in the last 24 hours, reaching a high of 0.21800 and a low of 0.14603. Volume has been substantial, with 259.08M DAR and 49.35M USDT traded, signaling strong buying pressure. The significant price increase suggests momentum is building, but be cautious as the price could face resistance near recent highs.
Entry Point:
š¹ 0.2000 - 0.2050 USDT
Consider entering on a small pullback towards 0.2000, as it aligns with recent support levels. This provides an opportunity before further upward movement.
Targets:
šÆ Target 1: 0.2180 - 0.2200 USDT
The first target lies near the 24h high. If price tests this level, it could be a strong resistance point.
šÆ Target 2: 0.2300 - 0.2400 USDT
If momentum continues, aim for further upside towards the next key resistance zone.
Exit Plan:
šŖ Exit 1: 0.2180 - 0.2200 USDT
Consider taking partial profits as price reaches the daily high.
šŖ Exit 2: 0.2300 - 0.2400 USDT
Trail your stop-loss to lock in profits and exit fully if the price breaks through further resistance levels.
Stop-Loss:
ā ļø 0.1900 - 0.1950 USDT
Place a stop below 0.1950 to manage downside risk, in case the price retraces.
š Risk/Reward:
Aim for a 2:1 risk/reward ratio, ensuring a favorable reward compared to the risk taken.
Keep an eye on price action near resistance zones to adjust your strategy as needed! šš¹
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