$C98

/USDT Technical Analysis and Trade Signals 🚀 🎯

Technical Analysis:

1. Trend:

Price is trading above the Bollinger Bands (0.2039 upper band), indicating bullish momentum.

The Parabolic SAR (0.1977) is below the price, confirming the uptrend.

2. Support & Resistance:

Immediate Support: 0.1977 (SAR level).

Resistance Zones:

Short-term resistance: 0.2076 (24h high).

Medium-term resistance: 0.2150 (historical level near overbought conditions).

3. Momentum Indicators:

Bullish momentum is confirmed with a strong breakout and high trading volume.

Volatility is increasing (14.8242%), supporting the price breakout.

Trade Signal:

Momentum: Bullish

Entry Point:

Ideal Buy Zone: 0.1977–0.2000 (retracement near SAR or Bollinger middle band at 0.1949).

Target Levels 🎯:

1. Target 1: 0.2150 (short-term resistance).

2. Target 2: 0.2200 (psychological round number).

3. Target 3: 0.2300 (potential extension if momentum continues).

Stop Loss:

Place SL below 0.1858 (lower Bollinger Band and key support).

Trade Momentum:

Short-Term: Strong bullish breakout, potential for continuation.

Medium-Term: Consolidation or retracement possible after hitting resistance near 0.2150.

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