$LISTA
/USDT Technical Analysis and Trade Strategy with Three Target levels🚀🎯
Technical Analysis:
Current Price: $0.6290
Bollinger Bands:
Upper Band: $0.6153
Middle Band: $0.5828
Lower Band: $0.5503
The price is currently above the middle band, which suggests a bullish trend.
Parabolic SAR (0.02, 0.2): 0.5810
The price is above the SAR, confirming the uptrend.
Volume: 38.77M (LISTA) and 21.87M (USDT), indicating a relatively high trading volume which supports the current price movement.
Recent Performance:
Today: +17.95%
7 Days: +43.63%
30 Days: +96.13%
The price has shown strong momentum in the short and long term, suggesting continued bullish sentiment.
Trade Strategy:
1. Entry Point:
Given the current price of $0.6290 and the strong bullish momentum, entering at or near this level is favorable. The price has recently moved above the middle Bollinger Band, which supports the uptrend.
2. Stop-Loss:
Set a stop-loss at $0.5828 (Middle Bollinger Band) to protect against any unexpected downturn. This level is also near the Parabolic SAR, adding an extra layer of protection.
3. Target Levels 🎯:
Target 1: $0.6800 (24h High)
This level is the immediate resistance based on recent highs, offering a potential short-term profit.
Target 2: $0.7500
Based on the recent uptrend, this could be a psychological resistance level, especially as the price moves further into a bullish trend.
Target 3: $0.8000
This level can be considered for medium-term bullish continuation if the momentum from the previous targets holds.
Trade Plan Summary:
Buy at current levels ($0.6290), with a stop-loss at $0.5828.
Take profits progressively as the price hits Target 1: $0.6800, Target 2: $0.7500, and Target 3: $0.8000.
Stay updated with market movements and adjust your strategy based on significant price action shifts, news, or changes in volume.