$PROS

/USDT Technical Analysis & Trade Signal🔥💯

Overview

Current Price: $0.5876

Trend: Bearish (due to -3.81% drop in 24h)

Key Levels:

Support: $0.5667 (24h low)

Resistance: $0.6239 (24h high)

Trade Signal

Bias: Bearish short-term, potential for a reversal around support levels.

Entry Point: Around $0.5876 (Current market price) with confirmation.

Target Levels (3 Levels)

1. Target 1 (T1): $0.5667 (Strong support, risk of price bounce)

2. Target 2 (T2): $0.5750 (Mid-range potential level for scalping)

3. Target 3 (T3): $0.6239 (24h High, longer-term resistance)

Trade Momentum

Bearish Momentum: Due to the drop in price and the negative trend in the short term.

Monitor for Reversal Signals: Watch for a break above resistance at $0.6011 (Mid-level of the current depth chart).

Stop-Loss Suggestion: Around $0.5771 for safer risk management.

Conclusion

Bearish in the short-term with a focus on support levels. Look for a reversal at key support or the chance to buy at lower levels to target higher resistance in a longer timeframe.

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