$AUDIO
/USDT Technical Analysis and Trade Strategy with Three Target levels๐ฏ
Current Price: $0.2186
24h High: $0.2210
24h Low: $0.1833
Bollinger Bands (20, 2):
Upper Band: $0.2156
Middle Band: $0.1941
Lower Band: $0.1726
SAR (0.02, 0.2): $0.1907
Trade Strategy
1. Buy Signal:
Consider entering a long position if the price bounces off the Middle Bollinger Band ($0.1941) or SAR ($0.1907), which suggests potential support levels. If the price shows signs of holding above these levels, it would be a good confirmation of the trend resuming upward.
2. Target Levels:
Target 1 (T1): $0.2210 (24h High)
If the price pushes past the current resistance near $0.2156 (Upper Bollinger Band), it could test the 24h high at $0.2210. This level will act as the first key target for profit-taking.
Target 2 (T2): $0.2300 (Possible resistance zone)
If momentum continues, target around $0.2300 as the next resistance level. This level is based on past price action and could be a key point for further resistance.
Target 3 (T3): $0.2400 (Upper resistance area)
A more aggressive target, assuming strong bullish momentum. If the price breaks through both T1 and T2 levels, $0.2400 could be the next target for a higher resistance zone.
3. Stop-Loss Strategy:
Stop-Loss: Place a stop-loss below $0.1907 (SAR) or $0.1941 (Middle Bollinger Band) to protect against downward price movement if the market fails to maintain the bullish trend.
Summary
Enter a long position near $0.1941 - $0.1907.
Set targets at $0.2210 (T1), $0.2300 (T2), and $0.2400 (T3).
Use a stop-loss around $0.1907 to protect against a reversal.