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MATIC/USDT and NTRN/USDT
MATIC/USDT is a cryptocurrency pair that represents the trading of the Polygon (MATIC) token against the Tether (USDT) stablecoin.
MATIC is a Layer 2 scaling solution for Ethereum that aims to improve transaction speed and reduce gas fees. USDT is a stablecoin pegged to the US dollar, meaning that its value is always close to $1. MATIC/USDT has been in a strong uptrend since the beginning of 2023.
The price has broken through several key resistance levels and is now testing the $1.00 level. If the price can break through $1.00, it could continue to rise towards the $1.20 level.
Signal: Bullish
My entries: $0.86 - $0.88 (LONG)
Targets:
🎯1st TP: $0.90
🎯2nd TP: 0.92
🎯3rd TP: $0.94
🎯4th TP: $0.96
🎯5th TP: $0.98
🔴Stop loss: $0.80
NTRN/USDT
Neutron is a new decentralized exchange (DEX) that is built on the Solana blockchain. Neutron offers a number of features that make it stand out from other DEXs, including low fees, fast transaction times, and a user-friendly interface. Neutron is still in its early stages of development, but it has already attracted a significant amount of attention from the cryptocurrency community.
$NTRN is currently trading at $0.45, up over 500% from its recent lows. The price is above all major moving averages, and the RSI is bullish, indicating that momentum is to the upside. The next major resistance level is at $0.30, followed by $0.35. Support is at $0.45 and $0.40.
Neutron has a strong fundamental outlook. The project is backed by a team of experienced developers and has a number of partnerships with major companies, including the Solana Foundation and Serum. Neutron is also well-positioned to benefit from the growth of the Solana ecosystem.
Signal: Bullish
My entries: $0.35 - $0.40 (LONG)
Targets:
🎯1st TP: $0.45
🎯2nd TP: $0.50
🎯3rd TP: $0.55
🎯4th TP: $0.60
🎯5th TP: $0.65
🔴Stop loss: $0.25
Disclaimer: This is not financial advice. Investors should do their own research before making any investment decisions.
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