DJI: Hardcore Mode On

Mar 3

The survival game has begun: DJI has switched to Hardcore Mode, where checkpoints below 48400 simply don't exist. Did you manage to save your progress, or are you counting on infinite lives?

# Technicals:

1. Condition: Despite the price being below the bottom line of the medium-term ascending channel and the tendency showing weakness, we still did not get a clear confirmation of a trend change.
2. Confirmation: A strong candle penetrates and closes below 48400.
3. Keep an eye on 48400: The price reaction at this level will dictate short-term and medium-term movements.

# Difficulty Levels:

1. Normal: 0.382 Fibo (42840) — Healthy price correction.
2. Difficult: 0.618 Fibo (36960)— Deep but technical correction.
3. Nightmare: [26500, 29500] Zone — Leading to serious panic and mass liquidations. Be aware of this one.

Below 2 possible scenarios for a short-term and a medium-term move:

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# Scenario 1: Immediate medium-term Short
(Trigger: Closing below 48400)

✅ Entry Point: 48390
🛑 Stop-Loss: 51630
🤑 Target 1: 42840
🤑 Target 2: 36960
🤑 Target 3: 29830

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# Scenario 2: False breakout (Stop Hunt)
(Trigger: Price turnaround after 51000)

✅ Entry Point: 50300 (after price turnaround)
🛑 Stop-Loss: above new high
🤑 Target 1: 42840
🤑 Target 2: 36960
🤑 Target 3: 29830

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Medium-term scenario is invalidated if geopolitical sentiment returns to normal or if we see a strong close above 51500, signaling the uptrend continuation

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Good Luck! ☺️

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DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade

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P.S. Did you CHECKPOINT?

Mar 5

Trade active

Price broke down second time below 48400

Mar 16

Note

The price is slowly going down. Looks even like if the big capital is inviting retail to enter short trade with them. Do not really like the speed of the fall, it is not yet a trending one. Will update if market sentiment changes