HARD/USDT Technical Analysis & Trade Signal:
Current Price: $0.1807 (+19.35%)
Trend: Bullish momentum observed with a +19.35% increase in the past 24 hours. Price is nearing key resistance levels.
24h Range: $0.1504 (Low) to $0.1848 (High).
Support Level: $0.1774 (SAR), forming a base for the upward move.
Resistance Levels:
1. Target 1: $0.1848 (24h High) – Immediate resistance, possible breakout.
2. Target 2: $0.1900 – A key psychological level, could act as the next resistance.
3. Target 3: $0.2000 – A significant round number target if the momentum continues.
Trade Momentum: Bullish – Strong buying pressure with increasing volume, as reflected by the positive price movement. The SAR value at $0.1774 suggests that the uptrend may continue unless a significant reversal occurs.
Trade Signal:
Buy at current price of $0.1807.
Stop Loss: $0.1700 (below SAR level).
Targets: $0.1848, $0.1900, $0.2000.
Conclusion: Positive bullish momentum indicates further upside potential, but watch for a possible reversal near the $0.1848 resistance. Always manage risk and set stop-loss accordingly.
