a technical analysis of ARDR/USDT with trade signals and target levels:
Technical Analysis
Current Price: $0.10764
24h Change: +7.70%, indicating a strong upward momentum.
Support Level: $0.09755 (24h Low) – Price has bounced back from this level.
Resistance Level: $0.11300 (24h High) – Key resistance where price faced selling pressure earlier.
Trend: The price has a bullish momentum with a positive 24h change. Momentum indicators show continued buying pressure.
Trade Signal
Buy Signal: Look for price action at or near $0.09755 for potential buy entries after a slight pullback.
Stop Loss: Set below $0.09755 to manage risk.
Take Profit Levels (Targets):
Target 1: $0.11092 (Near resistance)
Target 2: $0.11300 (Recent high resistance)
Target 3: $0.11500 (Next psychological resistance level)
Trade Momentum
Momentum Indicator: Positive momentum in the short term, with buying activity supporting a higher price in the immediate future. Watch for pullbacks that could confirm continuation. The market depth shows a significant number of buy orders, reinforcing the bullish sentiment.
Stay vigilant for any changes in price action or volume that could signal a shift in momentum.
