$NFP USDT Technical Analysis and Trade Signals 🚀 🎯

Current Price: $0.337 (+5.21%)

24h High: $0.3385

24h Low: $0.3135

Key Technical Indicators:

Bollinger Bands:

Upper Band: $0.3380 (Resistance)

Middle Band: $0.3312 (Support)

Lower Band: $0.3244 (Support)

Parabolic SAR: 0.3290 (Bullish trend as price is above this level)

MACD: 70.79% (Positive momentum)

Volume: 28.96M NFP, 9.46M USDT (Increased trading activity)

Support and Resistance:

Immediate Resistance: $0.3385 (Recent high)

Immediate Support: $0.3290 (SAR level)

Trade Signal:

Trade Type: Bullish Continuation

Action: Buy Signal

Trade Momentum: Positive, as indicated by the +5.21% daily movement and the MACD indicating upward momentum.

Breakout Potential: The price is testing the upper Bollinger Band ($0.3380), which could lead to a breakout if it holds above this level.

Trend Confirmation: The Parabolic SAR at $0.3290 suggests the trend is still bullish as long as the price remains above it.

Target Levels 🎯:

1. Target 1: $0.3400 (Immediate Resistance Zone)

A minor resistance level after the upper Bollinger Band. A break here could push the price higher.

2. Target 2: $0.3450 (Next Key Resistance)

A reasonable next level if momentum continues. Look for price action confirmation.

3. Target 3: $0.3500 (Psychological Resistance)

A larger milestone to watch for if the bullish trend persists.

Stop-Loss:

Stop-Loss: $0.3290 (Below SAR level and lower Bollinger Band)

This stop will help protect against trend reversal if the price falls below this support level.

Summary:

Bullish Continuation: The price is in an uptrend with positive indicators (MACD, Bollinger Bands, SAR).

Targets: $0.3400 → $0.3450 → $0.3500.

Stop-Loss: $0.3290.

Monitor volume and price action to adjust your strategy.