Currency $DKNG trading alert šŸ’¹
Short side — suggestion
Entry range: 24.0721-24.2458
Stop loss: 24.4300
Targets: 23.9370, 23.7439, 23.4544
Technical analysis: Okay, DKNG’s chart—on the surface, you’ve got an EMA dead cross, and the MACD also has a dead cross. The bearish trend is being handled pretty seriously—however, the RSI is only 36. You could say it’s panicking, but it hasn’t hit rock bottom. It’s the kind of ā€œit’s down, but not fully downā€ annoying state. At 24.13, it’s neither up nor down; both bulls and bears feel uncomfortable—like an old-school crypto veteran pretending to be unbothered after getting trapped in a position. Short-term support? Don’t ask—if you ask, it’s because you’re not sure inside. Set the loss level at 24.43—don’t negotiate with the market emotionally. If it breaks the level, admit you’re wrong. If it bounces back near the moving average, run when you should. Don’t expect it to suddenly throw a V-shaped rebound—these days, that’s already pretty good if it doesn’t stick you with a needle. Stay honest and follow the shorts to ā€œdrink the soup,ā€ and don’t get too greedy.
Recommended stop-loss level: 24.430000, please adjust your position size according to your own risk preference
#DKNG