$USUAL
/USDT Strong Dip Move 💯 Ready For Recovery Update Confirm 🔥 💯
Current Price: 0.6979
24h High: 0.8350
24h Low: 0.6706
24h Volume (USUAL): 153.26M
24h Volume (USDT): 115.88M
Indicators:
RSI: Neutral (waiting for either overbought or oversold conditions)
MACD: Bullish crossover might occur if price pushes higher
EMA (50 & 200): Currently below both, suggesting a bearish trend if no reversal occurs.
Bollinger Bands: Price is near the lower band, indicating potential for a rebound.
Trade Strategy:
1. Entry Point (Buy): If price holds above 0.6706 (recent low) and shows signs of bullish momentum, this is an ideal entry point for a short-term rebound. Consider entering around 0.6800-0.6900.
2. Target Levels 🎯:
First Target: 0.7200 - A key resistance level and short-term profit-taking point.
Second Target: 0.7700 - Intermediate resistance level where profit-taking is advisable.
Third Target: 0.8000-0.8100 - Upper end of the 24-hour range. If price pushes past this, it could signal a stronger bullish trend.
3. Stop Loss: A stop loss below 0.6706 is recommended to minimize potential losses, protecting against further declines if the market breaks lower.
Summary:
Watch for price action around 0.6706 for a possible entry.
The targets are set based on recent highs and resistance levels, with a manageable stop loss to limit risk.
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