DOGWIFHAT/USDT | Bullish Reversal from Key Order Block
2025-01-07
Category: None

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!