$DN Coin Introduction DNUSDT is a perpetual futures contract trading pair tracking the price of DN (likely a token) against USDT. Current price is $0.1737**, down **-3.93%**. 24h range: **$0.1641–$0.1905. Market shows moderate volatility with clear technical patterns emerging on lower timeframes. Chart Analysis 1. 1H Chart Analysis (IRL / ERL) · Trend Structure: The 1H chart shows price has broken below the EMA (20/50) cluster and is trading near the lower Bollinger Band (~$0.1730). · Imbalance Reaction Level (IRL): Price recently rejected the $0.1905** high (24h high) and formed a lower high near **$0.1777, confirming bearish structure. · Equilibrium Reaction Level (ERL): The midpoint of the recent range (~$0.1770–$0.1740) is acting as resistance. Price below $0.1749 (BOLL midline) indicates bearish control. · SAR at 0.1757 is above price, confirming short-term downtrend. 2. 5-Minute Chart (FVG – Fair Value Gap) · A clear Bearish FVG exists between $0.1777–$0.1759 (visible on 5-min chart). Price has already filled part of this gap. · Another FVG below current price is seen between $0.1700–$0.1678, which could act as a target. · The MACD(12,26,9) on 5-min shows DIF (-0.0001) < DEA (0.0001), signaling bearish momentum. 3. Entry Setup & Trade Plan Direction: Short Entry Zone: $0.1735 – $0.1745 (Current price $0.1737 is already in zone) Stop Loss: $0.1771 (Above recent SAR and upper FVG boundary) Take Profit Targets: 1. TP1: $0.1700 (Lower Bollinger Band, minor support) 2. TP2: $0.1678 (FVG lower boundary) 3. TP3: $0.1641 (24h low, strong support) Risk Management: · Position Size: Risk ≤ 1–2% of capital · R:R ≈ 1:2 (TP2) to 1:3+ (TP3) · Volatility Consideration: High volatility (BOLL width ~0.046), adjust position size accordingly. Summary The 1H chart confirms bearish structure below key EMAs and mid-BOLL. The 5-min FVG provides clear downside targets. Entry near current levels with stops above $0.1771 offers favorable risk-reward. Key Levels: Resistance: $0.1777 → $0.1905 Support: $0.1700 → $0.1678 → $0.1641 Next Update: Monitor 5-min close below $0.1730 for added confirmation. $DN
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#ContentMiningRevampPublicBeta DNUSDT Perp Analysis & Trade Plan
$DN Coin Introduction
DNUSDT is a perpetual futures contract trading pair tracking the price of DN (likely a token) against USDT. Current price is $0.1737**, down **-3.93%**.
24h range: **$0.1641–$0.1905. Market shows moderate volatility with clear technical patterns emerging on lower timeframes.
Chart Analysis
1. 1H Chart Analysis (IRL / ERL)
· Trend Structure: The 1H chart shows price has broken below the EMA (20/50) cluster and is trading near the lower Bollinger Band (~$0.1730).
· Imbalance Reaction Level (IRL): Price recently rejected the $0.1905** high (24h high) and formed a lower high near **$0.1777, confirming bearish structure.
· Equilibrium Reaction Level (ERL): The midpoint of the recent range (~$0.1770–$0.1740) is acting as resistance. Price below $0.1749 (BOLL midline) indicates bearish control.
· SAR at 0.1757 is above price, confirming short-term downtrend.
2. 5-Minute Chart (FVG – Fair Value Gap)
· A clear Bearish FVG exists between $0.1777–$0.1759 (visible on 5-min chart). Price has already filled part of this gap.
· Another FVG below current price is seen between $0.1700–$0.1678, which could act as a target.
· The MACD(12,26,9) on 5-min shows DIF (-0.0001) < DEA (0.0001), signaling bearish momentum.
3. Entry Setup & Trade Plan
Direction: Short
Entry Zone: $0.1735 – $0.1745
(Current price $0.1737 is already in zone)
Stop Loss: $0.1771
(Above recent SAR and upper FVG boundary)
Take Profit Targets:
1. TP1: $0.1700 (Lower Bollinger Band, minor support)
2. TP2: $0.1678 (FVG lower boundary)
3. TP3: $0.1641 (24h low, strong support)
Risk Management:
· Position Size: Risk ≤ 1–2% of capital
· R:R ≈ 1:2 (TP2) to 1:3+ (TP3)
· Volatility Consideration: High volatility (BOLL width ~0.046), adjust position size accordingly.
Summary
The 1H chart confirms bearish structure below key EMAs and mid-BOLL. The 5-min FVG provides clear downside targets. Entry near current levels with stops above $0.1771 offers favorable risk-reward.
Key Levels:
Resistance: $0.1777 → $0.1905
Support: $0.1700 → $0.1678 → $0.1641
Next Update: Monitor 5-min close below $0.1730 for added confirmation.
$DN