This trade setup for DOGWIFHAT/USDT on the 4-hour chart identifies a potential bullish reversal from a marked order block (OB). Price is approaching the highlighted demand zone (grey), with confluence at the $1.997 level. The trade idea includes:
Entry near the order block for optimal risk-reward.
Stop-loss placed slightly below the $1.931 level to account for volatility.
Targeting $2.228 for a strong potential upside based on previous resistance.
This setup aligns with bullish price action and potential order flow rebalancing. Always apply proper risk management. Feedback and insights are welcome!
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.