Technical Analysis and Trade Signal for $PSG

/USDT:šŸ’ÆšŸ”„

Current Price: 3.173 USDT

24h Change: -5.68%

Short-term Momentum: Bearish

Support Level: 3.134 USDT

Resistance Level: 3.480 USDT

Moving Averages: Currently below the short-term moving averages, indicating bearish trend.

Trade Signal:

Entry: Consider entering at or near 3.150 - 3.173 USDT

Targets:

šŸŽÆ First Target (T1): 3.250 USDT (moderate resistance zone)

šŸŽÆ Second Target (T2): 3.350 USDT (key resistance area)

šŸŽÆ Third Target (T3): 3.450 USDT (possible breakout region)

Stop Loss: Below 3.134 USDT

Momentum: The price shows bearish pressure, but a recovery towards 3.250 USDT might be in sight. Watch for signs of bullish momentum above the support levels. Consider cautious entry around the current price range for a potential upside.

#BNBBhutanReserves #AIMarketCapDip #OnChainLendingSurge