$USUAL
/USDT - Technical Analysis & Trade Signal
Current Price: $0.8409 (Up 14.44% in the past 24 hours)
Technical Overview:
Trend: Bullish momentum seen after recent upward movement (+14.44%).
RSI: Moderately bullish but not overbought yet, indicating more room for price movement in the uptrend.
Support Level: $0.7007 (24h Low)
Resistance Level: $0.8880 (24h High)
Trade Signal (Bullish):
Trade Strategy: Buy on pullback towards support level ($0.8100-$0.8200).
Target Levels:
1. First Target: $0.8600 (Immediate resistance, next step toward high)
2. Second Target: $0.8800 (Next resistance area)
3. Third Target: $0.9000 (Potential upper resistance, strong psychological level)
Stop Loss: Set below the 24-hour low, near $0.7000, to minimize risk.
Trade Momentum:
Strong bullish momentum as price remains above moving averages (short-term trend), supported by recent volume spikes.
Trend Confirmation: Wait for a pullback towards the $0.8100-$0.8200 area before executing the buy trade for a safer entry point with higher chances of further bullish movement.
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