LDOUSDT - BULLISH OUTLOOK
LDOUSDT is exhibiting a bullish divergence on the 1-hour time frame, suggesting a potential reversal or continuation of the bullish momentum. The recent break above the last lower high adds confirmation to the bullish outlook.
Consider entering at the current market price (CMP) of 3.09, placing a stop loss (SL) at 2.90 to mitigate potential losses.
The suggested take-profit (TP) levels are structured as follows:
Take Profit 1 = 3.28
Take Profit 2 = 3.47
Implement a breakeven strategy by adjusting your stop loss to your entry level after reaching TP1. This approach safeguards your profits while allowing for further upside potential. Keep an eye on market conditions and adjust your strategy as needed.
Consider entering at the current market price (CMP) of 3.09, placing a stop loss (SL) at 2.90 to mitigate potential losses.
The suggested take-profit (TP) levels are structured as follows:
Take Profit 1 = 3.28
Take Profit 2 = 3.47
Implement a breakeven strategy by adjusting your stop loss to your entry level after reaching TP1. This approach safeguards your profits while allowing for further upside potential. Keep an eye on market conditions and adjust your strategy as needed.
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