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Cryptorphic1
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$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. If you find this analysis helpful, please hit the like button to support my content and share it with your friends. Thank you! #DIONE #BTC #DioneProtocol #cryptorphic
$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.

If you find this analysis helpful, please hit the like button to support my content and share it with your friends.

Thank you!

#DIONE #BTC #DioneProtocol #cryptorphic
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