$JST

/USDT Technical Analysis & Trade Signal

Current Price: $0.0397

24h Change: +2.29%

Technical Indicators:

Trend: The price is showing upward momentum after a recent low of $0.03715, breaking key resistance near $0.039.

Support Levels:

First support at $0.03715 (recent 24h low).

Second support at $0.03700.

Resistance Levels:

First resistance at $0.03996 (24h high).

Second resistance at $0.04011.

Momentum Indicators:

RSI (Relative Strength Index): Approaching neutral levels, suggesting the market is not overbought.

MACD (Moving Average Convergence Divergence): Positive, indicating bullish momentum.

Trade Signal:

Buy Signal: Enter around $0.039 (near support or breakout levels).

Target Levels:

Target 1: $0.0405 (near the upper resistance level).

Target 2: $0.0415 (next psychological resistance zone).

Target 3: $0.0425 (if bullish trend continues).

Stop Loss: Below $0.037 (to protect against a bearish reversal).

Trade Momentum:

Bullish Momentum: The recent price action suggests a continuation of the bullish trend. Monitor volume and breakout at $0.03996 for confirmation of the upward move.

Keep an eye on market conditions for any potential shifts in momentum that might affect the price movement.

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