$FLOW

/USDT Technical Analysis & Trade Signal🚀🎯

Price: $0.853 (+17.66% in the last 24h)

Key Levels:

Support Zone: $0.819 (Lower Bollinger Band)

Resistance Zone: $0.868 (Upper Bollinger Band)

Technical Indicators Overview:

1. Bollinger Bands (20, 2): The price is currently trading above the middle band, showing upward momentum.

Upper Band: 0.868

Middle Band: 0.844

Lower Band: 0.819

2. SAR (0.02, 0.2): Parabolic SAR is at 0.868, suggesting an upward trend as long as the price remains above it.

3. MACD: The MACD line is moving above the signal line, indicating a bullish trend.

Target Levels:

1. Target 1: $0.868 (Resistance Zone / Upper Bollinger Band)

This is the immediate short-term target if the upward momentum continues. Watch for any signs of rejection or consolidation near this level.

2. Target 2: $0.900

This is the next psychological resistance level. A break above this could lead to further upward movement.

3. Target 3: $0.930

This is an extended target if the price maintains its bullish trend. A break and close above $0.900 could bring this level into play.

Trade Momentum:

Bullish Momentum: The current trend is bullish, with significant upside potential, especially if price breaks and holds above $0.868.

Entry Point: Consider entering the trade near current price levels ($0.853), but preferably wait for confirmation with a break above $0.868.

Stop Loss: Set a stop loss just below $0.819 to protect against a potential downside move, considering this as a strong support level.

Risk/Reward: With a target of $0.868 and a stop loss at $0.819, the risk/reward ratio is favorable, with the potential for a 1:2 ratio.

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