DNTH โ 30-Min Long Trade Setup !๐๐ข
Ticker: DNTH (NASDAQ)
Pattern: Ascending Triangle Breakout
Volume: Decent push above resistance
๐ง Trade Plan โ Long Position
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Entry: $21.87 (Breakout candle above triangle + yellow line reclaim)
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Stop-Loss: $21.05 (Below triangle support zone)
๐ฏ Targets:
๐ TP1: $23.10 โ Short-term resistance
๐ TP2: $24.44 โ Major breakout target
โ๏ธ Risk-Reward Ratio
Risk per share: $0.82
Reward to TP2: $2.57
R:R Ratio: ~1 : 3.1 โ Excellent reward potential
๐ Technical Highlights
Breakout of ascending triangle pattern
Price reclaimed horizontal resistance (yellow)
Good structure with ProfittoPath watermark for brand identity
Candle close confirms strength