Technical Analysis and Trade Signals for $PROS
/USDT🚀🎯
Current Price: $0.7664
Change: +14.29%
Key Indicators:
Bollinger Bands (20, 2):
Upper Band: $0.7991 (Resistance)
Middle Band: $0.7760 (Neutral)
Lower Band: $0.7529 (Support)
SAR (0.02, 0.2): $0.7944
Price is below SAR, indicating potential bearish pressure unless broken to the upside.
Trade Signals and Targets
1. Bullish Scenario (Buy Setup):
Entry Zone: $0.7660 - $0.7700
Momentum: Bullish in shorter timeframes; monitor break above $0.7944 (SAR).
Targets:
🎯 Target 1: $0.7990 (Upper Bollinger Band; near-term resistance).
🎯 Target 2: $0.8350 (Psychological resistance from 24h high area).
🎯 Target 3: $0.8700 (Potential breakout extension).
Stop Loss: $0.7520 (below Bollinger DN and support zone).
2. Bearish Scenario (Sell Setup):
Entry Zone: $0.7900 - $0.7940 (SAR resistance area).
Momentum: Consider selling if price fails to break SAR and trends down.
Targets:
🎯 Target 1: $0.7520 (Bollinger DN; first support).
🎯 Target 2: $0.7250 (Support from previous price action).
🎯 Target 3: $0.6540 (24h low and major support).
Stop Loss: $0.8000 (above SAR and upper Bollinger).
Trade Momentum
Short-term momentum favors bullish setups with gains above $0.7940 confirming an uptrend.
A sustained failure near $0.7900 could indicate a bearish reversal with a potential retest of support levels.
#COSSocialFiRevolution #BitcoinStrategy #BinancePoolFractalBitcoin #BitcoinETFOptions #BTC93KNewATH @Contentos-COS