🟢 $DASH | LONG SETUP
🎯 Trading Plan:
Entry: 37.41 – 37.60
TP: 38.19 - 38.64 - 39.33
SL: 36.59
📊 Technical Analysis:
The 4h chart just flashed a long signal with a 95% reliability, while the 1h RSI is at 65.31 indicating there's still room to grow without hitting overbought territory. The entry zone of 37.41–37.60 falls within a reasonable area with the current ATR at 0.655, signaling that volatility is tightening up and a breakout could be on the horizon.
This setup presents a tight risk level: from entry to SL at 36.59, there's only about 1.1% risk, while TP1 at 38.19 offers a +1.1% return — a risk/reward ratio of 1:1. Although the 1D trend is still bearish, the ATM squeeze and the 4h entry zone suggest this could be the start of a structured bounce.
Trade $DASH now by clicking on the chart below 👇
🎯 Trading Plan:
Entry: 37.41 – 37.60
TP: 38.19 - 38.64 - 39.33
SL: 36.59
📊 Technical Analysis:
The 4h chart just flashed a long signal with a 95% reliability, while the 1h RSI is at 65.31 indicating there's still room to grow without hitting overbought territory. The entry zone of 37.41–37.60 falls within a reasonable area with the current ATR at 0.655, signaling that volatility is tightening up and a breakout could be on the horizon.
This setup presents a tight risk level: from entry to SL at 36.59, there's only about 1.1% risk, while TP1 at 38.19 offers a +1.1% return — a risk/reward ratio of 1:1. Although the 1D trend is still bearish, the ATM squeeze and the 4h entry zone suggest this could be the start of a structured bounce.
Trade $DASH now by clicking on the chart below 👇