I’m seeing something interesting on $DODOX / USDT 4h chart.
It looks like a fake move that can trap many traders.
My plan (LONG):
Entry: 0.018469 – 0.018525
SL: 0.018226
TP1: 0.018700
TP2: 0.018835
TP3: 0.019038
Why I’m taking this trade:
RSI on 15m is around 48. It’s not weak, not strong. That means the real move is still coming.
ATR is low, so price is quiet. This usually comes before a strong move.
Price is moving in a tight range. I think a breakout is close.
I’m aiming a quick move to TP1 first, then watching if it pushes higher.
Now the question:
Do you think it will hit TP2 or drop back to stop loss?
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