🟢📊 Trading Signal: Dymension (DYMU/USDT) 📈
⏰ Timeframe: 4H
💰 Current Price: 1.487 USDT
🔍 Support Level: 1.283 USDT
🛑 Stop Loss (SL): 1.09 USDT
🎯 Take Profit (TP) Targets:
• TP1: 1.93 USDT 🥇
• TP2: 2.32 USDT 🥈
• TP3: 3.11 USDT 🥉
🔎 Analysis:
• The chart suggests a potential breakout above the descending trendline 📈, indicating a bullish momentum 📊.
• A pullback to the 1.283 USDT support level could offer a strategic entry point 🕵️♂️.
• Technical indicators point towards a bullish trend 🚀, with increasing volume indicating strong support for the potential breakout.
🛠️ Trade Setup:
• 🚀 Entry Point: Enter at the current price or wait for a pullback to around 1.283 USDT for a safer entry point.
• 🛑 Stop Loss (SL): Set your stop loss at 1.09 USDT to limit potential losses.
• 🎯 Take Profit (TP):
• TP1 at 1.93 USDT 🥇
• TP2 at 2.32 USDT 🥈
• TP3 at 3.11 USDT 🥉
📉 Risk Management:
• Only risk 1-2% of your total trading capital per trade ⚠️.
• Adjust your position size based on the stop loss level to ensure proper risk management 🎯.
📢 Disclaimer:DYOR and NFA.
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