DODOBUSD LONG TRADE IDEA
Hi everyone,
Nice set up for a 1/2 risk reward here DODOBUSD, for those who are more conservative maybe wait and put a limit buy on the support 1 level, if you don't want to wait you can buy at CMP, price looks reasonable. On the fundamental level i think DODO is undervalued coin with a very low market cap at the time of writing. Moreover, DODO is a Decentralized Exchange (DEX) running on Binance Smart Chain and Ethereum.
I would rate this trade as 8/10 Risk on the FA level because price is below the 200 MA on the daily
Let me know your thoughts on this one
cheers!!!
Nice set up for a 1/2 risk reward here DODOBUSD, for those who are more conservative maybe wait and put a limit buy on the support 1 level, if you don't want to wait you can buy at CMP, price looks reasonable. On the fundamental level i think DODO is undervalued coin with a very low market cap at the time of writing. Moreover, DODO is a Decentralized Exchange (DEX) running on Binance Smart Chain and Ethereum.
I would rate this trade as 8/10 Risk on the FA level because price is below the 200 MA on the daily
Let me know your thoughts on this one
cheers!!!
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