Technical Analysis of $NULS

/USDT:

Current Price: $0.5025 (up +4.97% in 24h)

Trend: The price is currently in a bullish momentum with an upward trend in the last 24 hours, showing strong upward pressure as it hits its daily high.

Support Levels:

First Support: $0.4753

Second Support: $0.4701 (previous 24h low)

Resistance Levels:

First Resistance: $0.5039 (current highest depth price)

Second Resistance: $0.5150 (potential next target above current resistance)

RSI: Currently above 60, suggesting continued bullish momentum but caution if overbought signals emerge.

Trade Signal:

Momentum: Bullish (Strong upwards momentum with consistent buying interest)

Entry Signal: Consider entering long positions near the Support Zone (around $0.4753 to $0.4939).

Targets:

1. Target 1 (Short-term): $0.5100 (near resistance zone, 2-3% upside)

2. Target 2 (Mid-term): $0.5200 (potential breakout if bullish trend continues)

3. Target 3 (Long-term): $0.5350 (higher target after confirming upward continuation)

Stop Loss: Place a stop loss below $0.4700 to manage risk if price breaks support.

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