$BNSOL
/USDT Technical Analysis 🚀
Current Price: 242.0 USDT
24h High: 247.0 USDT
24h Low: 236.8 USDT
Indicators Overview:
Bollinger Bands (20, 2):
Upper Band: 246.3
Middle Band: 241.3
Lower Band: 236.4
Parabolic SAR (0.02, 0.2): 247.0
Recent Performance:
7 Days: +0.54%
30 Days: -7.70%
90 Days: +32.17%
Support and Resistance Levels:
Support Levels:
236.8 (24h Low), 236.4 (Lower Bollinger Band), 225.0 (Potential support below)
Resistance Levels:
246.3 (Upper Bollinger Band), 247.0 (SAR level), 250.0 .
Trade Signal:
Trend Momentum: Currently neutral to slightly bullish, with the price near the middle of the Bollinger Bands and a bullish SAR indicating short-term upward movement.
Current Sentiment: The short-term bullish momentum is favored with resistance levels around 246.3 and 247.0, but a pullback could occur near the middle Bollinger Band (241.3).
Trade Plan and Target Levels:
Bullish Scenario (Buy Signal):
Entry: 242.0 (current market price)
Target Levels:
T1: 246.3 (Upper Bollinger Band / Resistance)
T2: 247.0 (SAR level / Psychological resistance)
T3: 250.0 (Round number resistance / next key target)
Stop Loss: 236.4 (Lower Bollinger Band / Support level)
Bearish Scenario (Sell Signal):
Entry: If price retraces to 241.3 or below (middle Bollinger Band)
Target Levels:
T1: 236.8 (24h Low / Support level)
T2: 236.4 (Lower Bollinger Band)
T3: 230.0 (Potential support zone below)
Stop Loss: 247.0 (SAR level)
Trade Momentum:
Positive Momentum: Short-term momentum is slightly bullish as price is holding above the middle Bollinger Band and SAR supports upward movement.
Cautionary Note: Longer-term performance is showing a slight negative trend (30-day decline of -7.70%), so be cautious of a potential reversal. The price is within a tight range, so look for a breakout above 246.3 or a pullback towards 236.4.
Conclusion:
Bullish Signal: Buy near 242.0 with targets at 246.3, 247.0, and 250.0.
Bearish Signal: Consider selling if the price retraces to 241.3 or below, targeting 236.8, 236.4, and 230.0.
