Siacoin ($SC

/USDT) Technical Analysis & Trade Signals

Current Price: $0.006530 (+8.06%)šŸ”„šŸ’„šŸ’Æ

24h High/Low: $0.006565 / $0.005700

Trend: Bullish Momentum

Technical Analysis

Trend Direction: Uptrend with strong buying pressure.

Support Levels: $0.006228 ā†’ $0.006037

Resistance Levels: $0.006565 ā†’ $0.006800

Indicators:

Moving Averages: Bullish (Price above key MAs)

RSI: Approaching overbought, indicating strong momentum but potential short-term pullback.

Volume: Rising, supporting bullish movement.

Trade Signals

Entry Zone: $0.00650 ā€“ $0.00655

Stop-Loss: $0.00620 (Below support)

Profit Targets šŸŽÆ

1. Target 1: $0.00680 ā€“ Near resistance, short-term target.

2. Target 2: $0.00720 ā€“ Medium-term resistance breakout.

3. Target 3: $0.00750 ā€“ Strong bullish continuation target.

Trade Momentum

Current Momentum: Strong bullish trend backed by volume.

Strategy: Buy on dips; monitor for pullbacks near support.

Use proper risk management and stay updated with market trends.

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