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Support and Resistance Levels
🌱Support Levels:#support
$1.0600 (MA(7) and psychological support).
$1.0211 (24h low).
📊Resistance Levels:
$1.0727 (MA(25) resistance).
$1.0784 (MA(99), next key resistance).
$1.1480 (24h high).
💫Potential Trading Strategies
Bullish Scenario:
🌱Entry: $1.0600–$1.0650 (near MA(7)).
🎯Targets:
$1.0727 (short-term).
$1.1000 (psychological level).
🔒Stop Loss: Below $1.0200 (breakdown past 24h low).
Reasoning:📩
Price near support and potential recovery could target the $1.0727–$1.0784 range.
📉Bearish Scenario:
🌱Entry: $1.0700–$1.0800 (near resistance zones).
🎯Targets:
$1.0600 (short-term support).
$1.0211 (24h low).
🔒Stop Loss: Above $1.1000 (breakout above resistance).
Reasoning:💸
If resistance at $1.0727–$1.0784 holds, a retracement to support
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