$PSG

/USDT Technical Analysis

Current Price: $3.415

Trend: Bullish (Up +2.25% in the last 24 hours)

24h High/Low: $3.838 / $3.274

Key Levels:

Support Level: $3.274 (Recent low)

Resistance Level: $3.838 (24h High)

Momentum Indicators:

RSI (Relative Strength Index): Moderately bullish (above 50, suggesting potential upward movement but not overbought yet)

MACD (Moving Average Convergence Divergence): Bullish crossover, indicating a potential continuation of upward momentum.

Trade Signals:

1. Buy Signal:

Enter near $3.40 if it maintains support at current levels.

Watch for breakouts or confirmation from RSI/MACD.

2. Sell Signal:

Consider selling near $3.80 if resistance is tested again, especially if there’s a reversal in indicators.

If the RSI goes above 70, watch for potential overbought conditions.

Target Levels 🎯:

1. Target 1: $3.60 — Short-term profit-taking level (Near mid-range resistance).

2. Target 2: $3.80 — Potential for price to test previous highs.

3. Target 3: $4.00 — Aggressive target if upward momentum continues and breaks above 24h highs.

Trade Momentum:

The bullish trend appears intact, but watch for any signs of reversal or volume drops. Momentum is positive, but careful monitoring of resistance levels is key. If the price sustains above $3.40, the trend may continue towards $3.80 and possibly $4.

This is based on the current price action and momentum. Always use proper risk management in trades.

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