$SUPER
/USDT Technical Analysis and Trade Signals 🚀 🎯
Current Price: $1.3770 (Up 7.22% in 24 hours)
Bollinger Bands (20, 2):
Upper Band (Resistance): $1.3932
Middle Band (Support): $1.3575
Lower Band: $1.3218
Parabolic SAR (Support): $1.3561
Recent Price Movement:
15-Minute Change: +6.97%
1-Hour Change: +5.73%
4-Hour Change: +3.91%
1-Day Change: +0.85%
Momentum:
The momentum is strong, as evidenced by the steady price increase across all time frames.
The price is currently near the upper Bollinger Band, suggesting it might face resistance around $1.3932.
The Parabolic SAR is providing support at $1.3561, indicating the trend is still bullish unless the price falls below this level.
Trade Signal and Targets:
Bullish Scenario:
1. Target 1: $1.3932 (near the upper Bollinger Band) – This is a potential resistance level, and reaching this price might signal a slowing of upward momentum.
2. Target 2: $1.42 – If the price breaks above $1.3932, a continuation toward $1.42 is possible. This level is around a previous resistance zone.
3. Target 3: $1.45 – A strong move above $1.42 could push towards this level, which could be seen as the next key resistance.
Stop-Loss:
Initial Stop-Loss: $1.3561 (below the SAR level) – This level acts as a key support zone. If the price falls below this, it could signal a trend reversal.
Trade Momentum:
Strong Momentum: The recent positive price action across all time frames suggests strong bullish momentum. However, as the price nears the upper Bollinger Band, there could be short-term consolidation or a pullback. Traders should watch for a breakout above $1.3932 for confirmation of continued momentum.