Technical Analysis: $1000SATS

/USDT;

$1000SATS is again close to strong support at 0.0003100.. It continues to lose value from 3 hours ago.. Even $BTC broke the resistance at 55k.

Current Price: $0.0003102 (-6.62%)

Resistance: $0.0003260

Support: $0.0003082

Long Trade: Enter above $0.0003260 with targets at $0.0003387, $0.0003450 and $0.0003500. Place stop loss at $0.0003082.

Short Trade: Enter below $0.0003082 with targets at $0.0003000, $0.0002900 and $0.0002800. Place a stop loss at $0.0003260.

The price of 1000SATS/USDT is currently showing bearish momentum, having fallen to $0.0003102 after a sharp decline from the recent high of $0.0003260. A break of the support level could see further downside, while a reversal above the resistance level could signal a potential uptrend.

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