🚨Trading Signal Alert🚨$PSG /USDT

Time Frame: 4-Hour Chart

Current Price: $3.013

Price Overview:

The PSG/USDT pair has shown recent upward momentum, surging from a low of $2.664 to a high of $3.639 in 24 hours. The price is currently consolidating near $3.013 after a strong rally, indicating a potential pullback or continuation of the trend.

Trading Strategy:

Entry Price: Consider entering near $2.90–$3.00 for better risk-to-reward.

Resistance Levels:

1st Resistance: $3.28

2nd Resistance: $3.64 (recent high)

3rd Resistance: $3.80

Support Levels:

1st Support: $2.87

2nd Support: $2.66 (24-hour low)

Take-Profit Targets:

1. Target 1: $3.28

2. Target 2: $3.64

3. Target 3: $3.80

Stop-Loss Level:

Place a stop-loss at $2.65 to limit downside risk in case of a reversal.

Cautionary Note:

The RSI at 54.30 reflects neutral momentum. Monitor for a breakout above $3.28 or signs of stabilization around $3.00 before entering. Use proper risk management and avoid trading during high volatility.

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