$QTUM
/USDT - Technical Analysis & Trade Signal
Technical Overview:
Current Price: $3.21 (+5.44% in the last 24 hours)
24h High: $3.258
24h Low: $2.935
Support Levels: $3.10, $3.15, $3.18
Resistance Levels: $3.25, $3.30, $3.35
Trade Signal:
Entry Price: $3.20 (Enter near current price)
Target Levels:
1. Target 1 (T1): $3.25 (Initial resistance breakout)
2. Target 2 (T2): $3.30 (Next resistance level)
3. Target 3 (T3): $3.35 (Higher profit-taking point)
Momentum & Trend:
Momentum: The price shows strong upward movement, confirmed by the +5.44% increase in the past 24 hours. Momentum remains bullish with higher highs being formed.
Confirmation: Watch for a potential breakout above $3.25 and $3.30 for further momentum toward $3.35.
Stop-Loss Recommendation:
Stop-Loss: Place stop-loss below $3.10 (support level) to minimize risk in case the market reverses.
This analysis suggests taking positions near the current level with a favorable risk-to-reward ratio while targeting higher price levels at $3.25, $3.30, and $3.35.