After sweeping the liquidity pool above the chart, it formed a bearish CH. This move was made with strong momentum, indicating the presence of strong sellers and their profit-taking on this memecoin.
There are two entry points, and you should enter using DCA (Dollar-Cost Averaging).
The targets are marked on the chart. At the first target, move your position to break even.
A daily candle closing above the invalidation level will invalidate this analysis.
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What is your opinion about MUSDT?
MUSDT
Perp.
1.7518
+3.74%