$PSG 👁️👁️

/USDT Technical Analysis

Paris Saint-Germain Fan Token (PSG) shows promising signs of upward momentum. Here's a detailed analysis with potential targets:

Current Price: $3.627 (+1.65%)

Resistance Levels:

1️⃣ Target 1: $3.80 – A critical resistance level; breaking this could signal stronger bullish momentum.

2️⃣ Target 2: $4.00 – Psychological resistance; crossing this level may attract significant trading volume.

3️⃣ Target 3: $4.25 – The upper resistance band; reaching this could confirm a strong upward trend.

Support Levels:

Key support lies at $3.50. A drop below this could trigger a short-term pullback.

Indicators:

RSI: Trending near 60, suggesting bullish sentiment but room for growth.

MACD: Positive divergence indicates a continuation of the upward movement.

Volume: Increasing 24h volume highlights growing interest in PSG/USDT.

Strategy:

Watch for a breakout above $3.80 with sustained volume for short-term gains.

Set stop-loss at $3.50 to manage risk effectively.

Stay tuned for further updates and monitor PSG/USDT on Binance!