đąđš @DODO /USDT Trade Signal (1D Chart ) đš
đ Timeframe: Daily
đ Pattern Formation: Triple Bottom
đ Current Price: 0.1506USDT
đ Key Resistance Levels:
âą Immediate Resistance: 0.1550 USDT (already testing this area)
âą Next Major Resistance: 0.2272 USDT
âą Upper Target Resistance: 0.3240 USDT
đ Support Levels:
âą Support Zone: 0.10 USDT (area of multiple bounces from triple bottom)
đŻ Trade Setup:
âą Buy Entry: Price has broken out of the triple bottom pattern and is retesting the 0.1550 USDT zone. If confirmed, this would be a bullish entry.
âą Take Profit Targets:
âą TP1: 0.2272 USDT (upper resistance level)
âą TP2: 0.3240 USDT (long-term target from the breakout)
âą Stop Loss: Set below the 0.10 USDT support zone to limit downside risk.
đ Technical Overview:
âą Triple Bottom Formation: A bullish reversal pattern formed over several months, indicating potential strong upward movement.
âą Breakout Confirmation: Price is currently breaking out of the neckline at around 0.1550 USDT. If it holds above this level, it suggests bullish continuation.
âą Momentum: Strong bullish volume spike shows increasing buying pressure, confirming upward breakout potential.
đź Expected Move:
The price is expected to rise towards 0.2272 USDT in the short term if the breakout sustains, followed by a potential move to 0.3240 USDT in the longer term, based on the measured move of the triple bottom pattern.
â ïž Disclaimer:DYOR and NFA.
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