technical analysis and trade signal for $LISTA /USDT with three target levels and trade momentum:๐๐๐๐
Current Price: 0.5019 USDT (-1.97%)
24h High: 0.5151 USDT
24h Low: 0.4905 USDT
Support Level: 0.4905 USDT (Strong support observed at the 24h low)
Resistance Level: 0.5151 USDT (Key resistance at the 24h high)
Technical Indicators:
SAR (Stop and Reverse): 0.5092 โ indicating a possible reversal above this level.
Depth: 3.6600% โ moderate market depth suggests balanced buying and selling pressure.
Momentum: Current price is testing the lower range, suggesting possible consolidation or a minor pullback before any upward movement.
Trade Signal:
Buy Signal: Enter a long position if the price holds above 0.5010 and shows upward momentum.
Stop Loss: Set at 0.4900 to limit risk in case of a further downturn.
Target Levels:
1. Target 1: 0.5100 USDT (First resistance, near SAR level)
2. Target 2: 0.5150 USDT (24h High resistance)
3. Target 3: 0.5200 USDT (Extended bullish breakout target)
Trade Momentum:
Bullish Momentum: If the price holds above 0.5010 and breaks through 0.5092, there's a strong likelihood of further upward momentum.
Bearish Momentum: A drop below 0.4900 could trigger a reversal, bringing the price toward lower support zones.
Note: The market is currently consolidating. Watch for a breakout or breakdown near the support and resistance levels for more accurate trading opportunities.
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