DFUSDT is currently demonstrating a bullish trend on the daily time frame, marked by the formation of higher highs and higher lows. Additionally, bullish divergence on the 1-hour time frame adds strength to the potential continuation of this upward movement.
Consider entering a long position at the current market price (CMP) of 0.39. To effectively manage risk, set a stop loss (SL) at 0.3540.
The suggested take-profit (TP) levels are outlined as follows:
Take Profit 1 = 0.425
Take Profit 2 = 0.46
Take Profit 3 = 0.495
This trading strategy aims to capture profits at different levels while considering potential market movements. Always closely monitor the trade and adapt your approach based on changing market conditions.
Consider entering a long position at the current market price (CMP) of 0.39. To effectively manage risk, set a stop loss (SL) at 0.3540.
The suggested take-profit (TP) levels are outlined as follows:
Take Profit 1 = 0.425
Take Profit 2 = 0.46
Take Profit 3 = 0.495
This trading strategy aims to capture profits at different levels while considering potential market movements. Always closely monitor the trade and adapt your approach based on changing market conditions.