๐ก Trade Plan:
Current Status: DIO bounced off its support at $0.0318 and is now facing an intermediate resistance at $0.049.
Entry: Consider entering a long position once DIO breaks and holds above the $0.049 resistance level.
Take Profit: Target potential profit-taking opportunities at $0.058, $0.0655, and $0.083 resistance levels.
Risk Management: Use appropriate risk management techniques such as stop-loss orders to protect against adverse price movements.
Current Status: DIO bounced off its support at $0.0318 and is now facing an intermediate resistance at $0.049.
Entry: Consider entering a long position once DIO breaks and holds above the $0.049 resistance level.
Take Profit: Target potential profit-taking opportunities at $0.058, $0.0655, and $0.083 resistance levels.
Risk Management: Use appropriate risk management techniques such as stop-loss orders to protect against adverse price movements.