DAO Maker / Tether
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Trading Strategy for #DAO/USDT Amidst Falling Wedge Breakout and

464
"๐Ÿ“ˆ #DAO/USDT Chart Update: Breakout from Falling Wedge, Retest Underway ๐Ÿš€

The DAO token has recently broken out of a falling wedge pattern, signaling a potential reversal and bullish momentum. Currently in the retest phase, this presents an entry opportunity for traders.

๐Ÿ” Entry Strategy:
Planning to buy at the current market price (CMP) and considering additional purchases at 1.09$ during the retest.

๐ŸŽฏ Targets:

TP1: 1.26$
TP2: 1.33$
TP3: 1.5$
TP4: 1.8$
๐Ÿ›‘ Stop Loss (SL):
Set at 1.0292$ to mitigate potential losses in case of adverse price movements.

It's crucial to emphasize the importance of conducting your own research (DYOR) before making any trading decisions. This information is provided for analysis purposes and not as financial advice. Stay informed and trade responsibly! ๐Ÿš€"





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