Dymension / USDT
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#DYM/USDT — Last Line of Defense: Reversal Incoming or Breakdo

111
#DYM

The price is moving within an ascending channel on the 1-hour timeframe and is holding well. It is poised to break out strongly and retest the channel.

We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.

There is a key support zone in green at 0.09000, representing a strong support point.

We have a trend of consolidation above the 100-period moving average.

Entry price: 0.09530
First target: 0.09797
Second target: 0.10110
Third target: 0.10488

Don't forget a simple money management rule:

Place your stop-loss order below the green support zone.

Once you reach the first target, save some money and then change your stop-loss order to an entry order.

For any questions, please leave a comment.

Thank you.
أغلقت الصفقة: تم الوصول للهدف
لقطة
#DYM
First target: 0.09797 Reached
Second target: 0.10110 Reached
Third target: 0.10488 Reached

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