DATAUSDT - BULLISH OUTLOOKDATAUSDT is exhibiting a bullish trend on the Daily Time Frame, indicating a potential bullish continuation. The presence of a bullish divergence on the 1-hour time frame adds further confirmation to this positive outlook.
For potential entry, consider a price zone between $0.5840 and $0.5360, with a stop loss set at $0.4940 to effectively manage risk.
Take-profit levels are structured as follows:
Take Profit 1 (TP1): = $0.6740
Take Profit 2 (TP2): = $0.7640
Take Profit 3 (TP3): = $0.8540
Take Profit 4 (TP4): = $0.9440
This trade setup incorporates structured profit-taking at different levels, while the stop loss acts as a risk management measure. Keep in mind that market conditions may evolve, so monitoring price action and adjusting strategies accordingly is advisable.