$PSG /USDT Technical Analysis and Trade Signal
Current Price: $3.742
Trend: Bullish (+19.59% in 24h)
Momentum: Strong upward momentum supported by increased volume.
Technical Indicators:
Bollinger Bands: Price trading near the upper band (3.727), indicating bullish pressure.
Support Levels: $3.30 (recent pullback low)
Resistance Levels: $4.08 (24h high), $4.20 (next psychological resistance).
Trade Signal: BUY
Entry: $3.70â$3.75 (on pullbacks or consolidation).
Stop Loss: $3.30 (below key support).
Target đŻ Levels:
1. Target 1: $4.00 (minor resistance zone).
2. Target 2: $4.20 (psychological barrier and strong resistance).
3. Target 3: $4.50 (potential breakout level with sustained volume).
Momentum Analysis:
Volume: High (4.17M PSG in 24h), confirming strong market participation.
Risk: High volatility; monitor 15mâ1h charts for potential reversals.
Caution: Wait for confirmation near $4.08 resistance before targeting higher levels.
This strategy assumes bullish continuation; reassess if price falls below $3.30.
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