🚨 Trade Signal: DODO/USDT (1D Chart)
Pair: DODO/USDT
Timeframe: Daily
🔍 Technical Analysis Breakdown:
• Trend: Bullish reversal setup after recent downtrend.
• Price Structure: BOS (Break of Structure) and CH (Change of Character) suggest a trend reversal.
• Key Zones:
• Supply Zone (Sell Zone): 0.1770–0.1782
• Swap Zone (Entry Zone): 0.1184–0.1151 (Ideal for long entry)
• Stop Loss: 0.0960 (Invalidates bullish setup if price drops below)
📊 Trade Details:
• Entry Point: Buy around 0.1184–0.1151 (Swap Zone)
• Take Profit (TP):
• TP1: 0.1328
• TP2: 0.1432
• TP3: 0.1770 (Supply Zone)
💡 Rationale:
• BOS & CH: Indicate reversal.
• Price Action: Consolidation near the Swap Zone suggests support.
• Stop Loss: 0.0960—below this level invalidates the bullish setup.
🔑 Risk Management:
• Risk-to-Reward: 1:3
• Position Sizing: Risk 1-2% of your balance.
📈 Trading Plan:
• Enter on confirmation near the Swap Zone.
• Monitor the Supply Zone for reversal or take-profit.
• Adjust stop loss to break-even after TP1 is hit.
Disclaimer: This is not financial advice.
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