1. Overall Trend 📈

  • The price is showing a strong upward impulse with a recent growth of 22.45%.

  • EMA(7), EMA(25), and EMA(99) confirm the bullish trend:

    • EMA(7): 2.33

    • EMA(25): 2.18

    • EMA(99): 2.08
      The moving averages are aligned in ascending order, supporting the uptrend.

2. Trading Volumes 💹

  • There is a notable increase in trading volumes alongside price growth, confirming the strength of the current movement.

  • The 24-hour trading volume is $33.95M, reflecting high trader interest.

3. Resistance and Support Levels 🛑🟢

  • Key Resistances:

    • 2.66 USDT (24-hour high)

    • 3.16 USDT (previous local high)

    • 4.08 USDT (major resistance).

  • Support Levels:

    • 2.10 USDT (recent correction low)

    • 1.98 USDT (support at EMA(99)).

Recommendations for Entry and Take-Profit Points 🎯

Long Positions 🟩

  1. Entry Point: 2.45 USDT (on a breakout above the current price).

    • Take Profit: 2.66, 3.16, 3.80 USDT.

    • Stop Loss: 2.30 USDT (below EMA(7)).

  2. Entry Point: 2.10-2.15 USDT (on a bounce off support).

    • Take Profit: 2.45, 2.66 USDT.

    • Stop Loss: 2.00 USDT.

Short Positions 🟥

  1. Entry Point: 2.65 USDT (on a false breakout of resistance).

    • Take Profit: 2.45, 2.30 USDT.

    • Stop Loss: 2.75 USDT.

  2. Entry Point: 3.10-3.15 USDT (approaching strong resistance).

    • Take Profit: 2.80, 2.45 USDT.

    • Stop Loss: 3.25 USDT.

Conclusion and Recommendations 🧩

  1. Trend is bullish, giving priority to long positions.

  2. Watch trading volumes: increasing volumes at key levels indicate a trend continuation.

  3. A correction to 2.10-2.15 USDT is an excellent entry point for medium-term positions.

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🛠 Always use stop-losses and adjust levels according to market conditions!