The current sentiment for $LISTA is bearish. The price has declined significantly from $0.7143 to $0.4858 over the past week, influenced by high volatility and negative trends.
🔴 Resistance Levels
Level 1: $0.5104
Level 2: $0.5386
Level 3: $0.5665
🟢 Support Levels
Level 1: $0.4543
Level 2: $0.4264
Level 3: $0.3982
Trading Strategy
For Short Positions:
- Given the bearish trend, short positions could be beneficial if the price fails to break through resistance levels.
- Consider opening short positions if the price falls below the first support level of $0.4543.
- Monitor for further declines to $0.4264 and $0.3982 as potential profit targets.
For Long Positions:
- Wait for a clear bullish reversal before opening long positions.
- A break above the first resistance level at $0.5104 could signal a potential entry point.
- Confirm the trend by observing if the price moves above $0.5386 and $0.5665 for stronger bullish confirmation.
In summary, short positions might be favorable given the current bearish sentiment, while long positions should be considered with caution, waiting for confirmed bullish signals. Always use proper risk management techniques and stay informed on market news. 🚀
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