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/USDT Technical Analysis and Trade Signals 🚀 🎯

Current Market Overview:

Price: $2.3095

24h High: $2.6250

24h Low: $2.1905

Key Levels:

Support: $2.1905 (24h low), $2.2780 (lower Bollinger Band)

Resistance: $2.6250 (24h high), $2.6290 (upper Bollinger Band)

Trade Strategy & Setup

Scenario 1: Bullish Reversal (Bounce from Support)

Entry: Buy near $2.2780 or $2.1905, if price shows signs of stabilization (e.g., bullish candlestick patterns).

Stop Loss: Place stop just below $2.1905 to limit downside risk.

Targets:

First Target 🎯: $2.4270 (Parabolic SAR level) – Expect price to reach this level as a sign of short-term bullish recovery.

Second Target 🎯: $2.4535 (Middle Bollinger Band) – This level should provide a resistance point, potentially signaling the end of the upward move.

Third Target 🎯: $2.6250 (24h High) – This is a more optimistic target if the bullish momentum continues and breaks through the resistance at the middle band.

Scenario 2: Bearish Continuation (Breakdown Below Support)

Entry: Short position if price breaks below $2.1905 or $2.2780 and confirms bearish trend.

Stop Loss: Place stop just above the most recent high, around $2.4270 (SAR level).

Targets:

First Target 🎯: $2.1250 – Psychological support level or previous low from a prior cycle.

Second Target 🎯: $2.05 – Next level of support based on previous price action.

Third Target 🎯: $1.90 – Lower boundary if strong bearish momentum continues.

Scenario 3: Consolidation (Range-Bound Trading)

Entry: Buy near $2.2780 (lower Bollinger Band) and sell near $2.6250 (upper Bollinger Band) within the range.

Stop Loss: Tight stop just below the lower band or above the upper band, depending on the direction of entry.

Targets:

First Target 🎯: $2.4535 (Middle Bollinger Band) – Target within the range.

Second Target 🎯: $2.6250 (upper Bollinger Band) – Target the high end of the range.

Third Target 🎯: Reassess the range if price is rejected at the upper band and stays within range-bound movement.