🚨 $1000SATS /USDT Analysis Alert 🚨
Current Price: $0.0002900 (-1.89%)
$1000SATS is experiencing a downtrend, with the price currently sitting at $0.0002900. The recent market action shows a struggle to maintain momentum, as it’s dipping near support levels. With a 7-day performance of -9.85%, the bearish sentiment is evident.
Resistance: $0.0003200
Support: $0.0002830
Long Trade: Consider entering above $0.0003200, with targets at $0.0003400 and $0.0003600, and a stop loss at $0.0002830.
Short Trade: If the price drops below $0.0002830, target $0.0002600, with a stop loss at $0.0003200.
This setup shows a tight range, making it crucial to watch the support at $0.0002830. A break below could see further declines, while holding above could lead to a recovery.
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