Hey traders!
DUSK has successfully bounced from the 0.067–0.069 USDT support zone on the 1H/4H timeframes. The price has reclaimed the local Moving Average, accompanied by strong impulse candles, suggesting a shift in momentum.
We are currently stabilizing after the breakout, looking for a retest of the support zone to confirm the uptrend.
Trade Setup:
Entry Zone: $0.0675 – $0.0690 (Retest of breakout level)
Stop Loss: $0.0625 – $0.0630 (Below market structure)
Targets (Based on Fib Extensions):
TP1: $0.0780
TP2: $0.0845
TP3: $0.0950 – $0.1000
Moonbag: $0.112+
Risk Management: Move SL to breakeven after hitting TP1. If the price loses the $0.067 support, the setup is invalidated.
DUSK has successfully bounced from the 0.067–0.069 USDT support zone on the 1H/4H timeframes. The price has reclaimed the local Moving Average, accompanied by strong impulse candles, suggesting a shift in momentum.
We are currently stabilizing after the breakout, looking for a retest of the support zone to confirm the uptrend.
Trade Setup:
Entry Zone: $0.0675 – $0.0690 (Retest of breakout level)
Stop Loss: $0.0625 – $0.0630 (Below market structure)
Targets (Based on Fib Extensions):
TP1: $0.0780
TP2: $0.0845
TP3: $0.0950 – $0.1000
Moonbag: $0.112+
Risk Management: Move SL to breakeven after hitting TP1. If the price loses the $0.067 support, the setup is invalidated.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.